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Business, 17.06.2021 20:50 casrdunn7055

Production records show that there were 500 units in the beginning inventory, 30% complete, 1,800 units started, and 1,500 units transferred out. The beginning work in process had materials cost of $2,840 and conversion costs of $950. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.(a) How many units are in process at May 31?(b) What is the unit materials cost for May?(c) What is the unit conversion cost for May? (Round unit costs to 2 decimal places, e. g. 2.25.)Work in Process Painting5/1 Balance 3,940 5/31 Transferred out ?5/31 Materials 6,610 5/31 Labor 4,800 5/31 Overhead 1,300 5/31 Balance ?

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