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Exercise 16-3
The ledger of Custer Company has the following work in process account.

Work in Process—Painting
5/1 Balance 4,350  5/31Transferred out?
5/31 Materials 6,630    
5/31 Labor 3,590    
5/31 Overhead 1,730    
5/31 Balance ?   

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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