The ledger of Magdy Company has the following work in process account: $? Work in Process-Painting 5/1 Balance $3,690 5/31 Transferred out 5/31 Materials 8,150 5/31 Labour 2,400 5/31 Overhead 1,452 5/31 Balance S? Production records show that there were 420 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 $1,870 and conversion costs of S1,820. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. Your answer is correct. How many units are in process at May 31? Work in process 420 x Your answer is incorrect. Try again. What is the unit materials cost for May? (Round answer to 2 decimal places, e.g. 12.55.) Unit materials cost 6.52 x Your answer is incorrect. Try again. What is the unit conversion cost for May? (Round answer to 2 decimal places, e.g. 12.55.) x 2.28 Unit conversion cost x Your answer is incorrect. Try again. What is the total cost of units transferred out in May? Total cost of units transferred out 11000 x Your answer is incorrect. Try again. What is the cost of the May 31 Inventory? The cost of the inventory 1478