Production records show that there were 460 units in the beginning inventory, 30% complete, 1,570 units started, and 1,440 units transferred out. The beginning work in process had materials cost of $2,610 and conversion costs of $1,740. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.
(a), (b) and (c)
(a) How many units are in process at May 31?
Work in process, May 31
[removed]
units
(b) What is the unit materials cost for May? (Round unit costs to 2 decimal places, e.g. 2.25.)
The unit materials cost for May
$[removed]
(c) What is the unit conversion cost for May? (Round unit costs to 2 decimal places, e.g. 2.25.)
The unit conversion cost for May
$[removed]
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