The ledger of Magdy Company has the following work in process account: $? 5/1 5/31 5/31 5/31 Work in Process-Painting Balance $3,500 5/31 Transferred out Materials 6,200 Labour 2,390 Overhead 1,159 Balance $? 5/31 Production records show that there were 410 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 $2,100 and conversion costs of $1,400. 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 410 What is the unit materials cost for May? (Round answer to 2 decimal places, e.g. 12.55.) Unit materials cost LINK TO TEXT LINK TO TEXT LINK TO TEXT What is the unit conversion cost for May? (Round answer to 2 decimal places, e.g. 12.55.) Unit conversion cost LINK TO TEXT LINK TO TEXT LINK TO TEXT What is the total cost of units transferred out in May? Total cost of units transferred out $ LINK TO TEXT LINK TO TEXT LINK TO TEXT What is the cost of the May 31 inventory? The cost of the inventory