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The ledger of American Company has the following work in process account Work in Process-Painting 5/1 Balance 5/31 Materials 5,720 5/31 Labor 5/31 Overhead 2,380

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The ledger of American Company has the following work in process account Work in Process-Painting 5/1 Balance 5/31 Materials 5,720 5/31 Labor 5/31 Overhead 2,380 5/31 Balance 3,790 5/31 Transferred out? 2,830 Production records show that there were 470 units in the beginning inventory, 30% complete, 1,610 units started, and 1,410 units transferred out. The beginning work in process had materials cost of $3,140 and conversion costs of $650. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. s10 units started, and X Your answer is incorrect. Try again How many units are in process at May 31? Work in process, May 31 61011 units LINK TO TEXT LINK TO TEXT LINK TO TE What is the unit materials cost for May? (Round unit cost to 3 decimal places, e.g. 2.257.) The unit materials cost for May 1.95 LINK TO TEXT LINK TO TEXT LINK TO TE X Your answer is incorrect. Try again What is the unit conversion cost for May? (Round unit cost to 3 decimal places, e.g. 2.257.) The unit conversion cost for May .83 What is the total cost of units transferred out in May? (Round answer to 0 decimal places, e.g. 1,225.) The total cost of units transferred out in May 1.95 LINK TO TEXT LINK TO TEXT LINK TO TE x Your answer is incorrect. Try again What is the cost of the May 31 inventory? (Round answer to 0 decimal places, e.g. 1,225.) Work in process .83

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