The ledger of American Company has the following work in process account.

Work in ProcessPainting
5/1	Balance	3,690	5/31	Transferred out	?
5/31	Materials	6,020
5/31	Labor	3,530
5/31	Overhead	1,980
5/31	Balance	?

Production records show that there were 500 units in the beginning inventory, 30% complete, 1,610 units started, and 1,520 units transferred out. The beginning work in process had materials cost of $2,840 and conversion costs of $850. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.

c) What is the unit conversion cost for May?

(Round unit costs to 2 decimal places, e.g. 15.25.)

Unit conversion cost $:

d) What is the total cost of units transferred out in May?

Total cost of units transferred out:

e) What is the cost of the May 31 inventory?

Cost of the May 31 inventory $: