The ledger of Magdy Company has the following work in process account: Work in Process-Painting 5/1 Balance $3,590 5/31 Transferred out $? 5/31 Materials 7,930 5/31 Labour 2,400 5/31 Overhead 841 5/31 Balance $? Production records show that there were 390 units in the beginning inventory, 35% complete. 1.250 units started, and 1.250 units transferred out. The beginning work in process had materials costs of $1.910 and conversion costs of $1.680. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. (b) What is the unit materials cost for May? (Round answer to 2 decimal places, e.g. 12.55.) Unit materials cost $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit