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	5,260
5/31	Labor	2,582
5/31	Overhead	1,280
5/31	Balance	?

Production records show that there were 400 units in the beginning inventory, 30% complete, 1,600 units started, and 1,400 units transferred out. The beginning work in process had materials cost of $2,140 and conversion costs of $1,550. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.

2. What is the unit materials cost for May?

3. What is the unit conversion cost for May?

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

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