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 5,740

5/31 Labor 2,682

5/31 Overhead 2,480

5/31 Balance ?

Production records show that there were 400 units in the beginning inventory, 30% complete, 1,700 units started, and 1,500 units transferred out. The beginning work in process had materials cost of $2,240 and conversion costs of $1,450. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.

A. What is the unit materials cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.)

B. What is the unit conversion cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.)

C. What is the total cost of units transferred out in May?

D. What is the cost of the May 31 inventory?