Documenti - Word nces Mailings Review View Help E 21 A Aa A E. DA AaBbccd4ABCD Aabba Abbcct AaB Aabbed AaBbc 1 Normal 1 No Spac... Heading 1 Heading 2 Subtle Title Subtitle Paragraph Question 1 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 57 S/31 Materials 8,150 5/31 Labour 2,400 5/31 Overhead 1,452 5/31 Balance 52 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 $1,820. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. 1. How many units are in process at May 31? Work in process: 1 2. What is the unit materials cost for May? Unit material cost: 3. What is the unit conversion cost for May? Unit conversion cost: 4. What is the total cost of units transferred out in May? Total cost of units transferred out: 5. What is the cost of the May 31 inventory? Cost of the inventory: o i ASUMMO BOOK