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  3. \table[[,work in process-painting],[51,balance,3,7

\table[[,Work in Process-Painting],[51,Balance,3,790,531,Completed and transferred out ?],[531,Direct materials,6,160,,],[531,Directlabor,4,068,,],[531,Manufacturing overhead,2,280,,],[531,Balance,?,,]] Production records show that...

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Accounting

\table[[,Work in Process-Painting],[51,Balance,3,790,531,Completed and transferred out ?],[531,Direct materials,6,160,,],[531,Directlabor,4,068,,],[531,Manufacturing overhead,2,280,,],[531,Balance,?,,]]
Production records show that there were 600 units in the beginning inventory, 30% complete, 1,700 units started into production, and 1,500 units completed and transferred out. The beginning work in process had materials cost of $3,040 and conversion costs of $750. The units in ending inventory were 40% complete as to conversion costs. Materials are entered at the beginning of the painting process, and conversion costs are incurred uniformly throughout the process.
(a)
Your answer is correct.
How many units are in process at May 31?
Work in process, May 31
units
Attempts: 2 of 5 used
(b)
X Your answer is incorrect.
What is the unit materials cost for May? (Round unit cost to 2 decimal places, e8.225)
The unit materials cost for May
Seve for Later
Attempts: 3 of 5 used
(c)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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