please show how to compute unit material cost for May

show how to compute unit conversion cost for May

show how to compute total cost of units transferred out and cost of May inventory work in process

Exercise 16-3 The ledger of American Company has the following work in process account Work in Process-Painting 5/1 Balance 5/31 Materials 7,000 3,790 5/31 Transferred out ? 5/31 Labor 5/31 Overhead 1,980 2,930 5/31 Balance Production records show that there were 410 units in the beginning inventory, 30% complete, 1,740 units started, and 1,440 units transferred out. The beginning work in process had materials cost of $2,640 and conversion costs of$1,150. 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, May 31 710 units