The ledger of American Company has the following work-in-process account.
Work in Process-Painting
5/1 Balance 3,690 5/31 Transferred out ?
5/31 Materials 7,070 5/31 Labor 3,230 5/31 Overhead 1,680 5/31 Balance ? Production records show that there were 420 units in the beginning inventory, 30% complete, 1,680 units started, and 1,530 units transferred out. The beginning work in process had a materials cost of $2,440 and conversion costs of $1,250. The units in the ending inventory were 40% complete. Materials are entered at the beginning of the painting process.
a. How many units are in process on May 31?
b. What is the unit materials cost for May?
c. What is the unit conversion cost for May?
d. What is the total cost of units transferred out in May?