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The ledger of American Company has the following work in process account. Work in Process-Painting 5/1 Balance 3,690 5/31 Transferred out? 5/31 Materials 5,740 5/31

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The ledger of American Company has the following work in process account. Work in Process-Painting 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 u 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. How many units are in process at May 31? Work in process, May 31 units e Textbook and Media Question Part Score -0.5 1 13 MacBook Pro 80 900 DOO F4 1 # A $ 4 % 5 3 6 & 7 8 9 E R T Y U estion 3 of 4 Question Part Score What is the unit materials cost for May? (Round unit cost to 2 decimal places, es. 2.25.) The unit materials cost for May $ e Textbook and Media Question Part Score What is the unit conversion cost for May? (Round unit cost to 2 decimal places, eg 2.25) The unit conversion cost for May $ eTextbook and Media Question Part Score 4 MacBook Pro 803 DOO > # % $ 4 & * 3 5 6 7 a Question 3 of 4 Question Part Score What is the total cost of units transferred out in May? The total cost of units transfefred out in May $ e Textbook and Media Question Part Score What is the cost of the May 31 inventory? Work in process $ e Textbook and Media Question Part Score 80 000 F5 $ % A &

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