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# U s Kimmel, Accounting, e H_elg | g stern Announcements CALCII LnToR PRINTER VERSION 4 BACK I Exercise 16-3 The ledger of American Company has the...

I need help with the sections that I got incorrect. Unit Material Costs,Unit Conversion and Cost of Units transferred in May.

U s Kimmel, Accounting, ﬁe
H_elg | g stern Announcements CALCII LnToR PRINTER VERSION 4 BACK I Exercise 16-3
The ledger of American Company has the following work In process account. Work in WPainﬁng 5/1 Balance 3,790 5/31 Transferred out 7’
5131 Materials 5,560 5131 Labor 2,930 5/31 Overhead 1,650 5131 Balance 7 Production records show that there were 530 units in the beginning inventory, 30% complete, 1,750 units started, and 1,480 units transferred out. The beginning work in process had matenals cost of \$2,540 and converslon costs of \$950.
The units ln endlng Inventory were 40% complete. Materials are entered at the beginning of the painting process. Your answer is correct. How many umts are in process at May 31? |7
work ln process, May 31 300 units snow soLu'rIoN snow ANSWER um m szr um: TD run EYuur answer is incorrect. Try again. What is the unit materials cost for May? (Round unit cost to 3 decimal places, e.g. 2.257.) m. The unit materials cost for May g

'uunnmn] ‘unKanEer cumuununj leannvEnsloN] «BACK I JEX‘D
A E Your answer is incorrect. Try again. What is the unit conversion most for May? (Round unit cost to 3 decimal place; 9.9 2.257.) The unit mnversinn cost for May \ixnx'ro'rExrj \unK'ro'rExrj E Your answer is incurred. Try agaln. What is the total cost of units transferred out in May? (Round answer to 0 decimal glam (1.3. 1,225.) The total cost of units transferred out in May “Luann-Tm] ‘unKTnnzer E Ynur answer is Garrett. What is the cast of the May 31 inventory? (Rnund answer to a decimal places, 63.9. 1,225.) Work in procﬁs 354m Click il you multl like to Show Work for this question: Qpan Show Work “snow gamma. 1 5mm nnswznj

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