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due in 30 minThe ledger of Custer Company has the following work in process account. Work in Process—Painting5/1 Balance 4,480 5/31Transferred out?5/31 Materials 7,070 5/31 Labor 3,870 5/31 Overhead 2,380 5/31 Balance ? Save your time – order a paper! Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now Production records show that there were 550 units in the beginning inventory, 30% complete, 1,430 units started, and 1,580 units transferred out. The beginning work in process had materials cost of $2,760 and conversion costs of $1,720. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.(a) How many units are in process at May 31?(b) What is the unit materials cost for May? (Round unit costs to 2 decimal places, e.g. 2.25.)(c) What is the unit conversion cost for May? (Round unit costs to 2 decimal places, e.g. 2.25.) “Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!””Do you need a similar assignment done for you from scratch? We have qualified writers to help you with a guaranteed plagiarism-free A+ quality paper.
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