The ledger of Oriole Company has the following work in process account. Work in ProcessPainting 511 Balance 3,690 5131 Transferred out ? 5131 Materials 5,980 5131 Labor 4,4?8 5131 Overhead 1,980 5f31 Balance '3 Production records show that there were 500 units in the beginning inventory, 30% complete. 1,600 units started, and 1,500 units transferred out. The beginning work in process had materials cost of $2,340 and conversion costs of $850.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? WerkinprecesstMayl units eTextIJcek and Media x Your answer is in correct. What is the unit materials cost for May? [Ream unit cost 1132 decimal places. 23. 2.25.} The unit materials cost for May $ 334 What is the unit conversion cost for May? [Round "it cast to 2' decimal places, E3. 2.25.} The unit conversion cost for May $ 334 What is the total cost of units transferred out in May? The total cost of units transferred out in May $ 12911 eTextbook and Media X Your answer is incorrect. What is the cost of the May 31 inventory? Work in process $ 3218