1. What is the unit materials cost for May?
2. What is the unit conversion cost for May? (round unit cost to
3 decimal places)
3. What is the total cost of units transferred out in May?
(round answer The ledger of Magdy Company has the following work in process account: Work in Process-Painting 5/1 Balance $3,500 5/31 Transferred out $? 5/31 Materials 5,850 5/31 Labour 2,000 5/31 Overhead 206 5/31
