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Ch 16A: Homework 0.6/1 > Question 1 of 13 LUITATION The lediger of Sheffield Company has the following work in process account MANUFACTURING COSTS WORK IN PROCESS Raw Materials Inventory Factory Labor Manufacturing Overhead FINISHED GOODS INVENTORY Painting Balance May 1 $3.690 Materials $5.940 5.940 Labor -$3.678 3,678 -$1.980 1.980 Overhead Transfer out .? Balance May 31 $? Production records show that there were 500 units in the beginning inventory, 30% complete, 1.700 units started and 1.400 units transferred out. The beginning work in process had materials cost of $2.640 and conversion costs of $1.050. The units in ending Inventory were to complete. Materials are entered at the beginning of the painting process (a) Your answer is correct How many units are in process at May 312 Work in process, May 31 800 units eTextbook and Media Attempts: 1 of 3 used (6) Your Answer Correct Answer (Used) What is the unit materials cost for May? (Round unit cost to 2 decimal places, s 225) The unit materials cost for May $ 3190 Search 3 Your answer is correct. What is the unit conversion cost for May? (Round unit cost to 2 decimal places, eg. 2.25) The unit conversion cost for May 3.9 eTextbook and Media Assistance Used Attempts: 2 of 3 used (d) Your answer is correct What is the total cost of units transferred out in May? The total cost of units transferred out in May 10920 What is the total cost of units transferred out in May? The total cost of units transferred out in May $ 10920 e Textbook and Media (e) What is the cost of the May 31 work in process inventory? Work in process $ eTextbook and Media Save for Later Att

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