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o Required information [The following information applies to the questions displayed below] Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows. Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 3.600 100% 40% Units started this period 25,920 Units completed and transferred out 26,640 Ending work in process inventory 2.880 100% 80% Beginning work in process inventory Direct materials $ 23,760 Conversion 266, 323 $ 290.088 Costs added this period Direct materials 596,160 Conversion 2,599,128 3,195,288 Total costs to account for $ 3.485.376 Required: 1. Prepare the Forming department's production cost report for May using the weighted average method. 2. Prepare the May 31 journal entry to transfer the cost of units from forming to Assembly. Required 1 Required 2 Prepare the Forming department's production cost report for May using the weighted average method. Units to account for: Beginning work in process inventory - units Units started this period Total units to account for 29,520 Total units accounted for: Units completed and transferred out Ending work in process - units Total units accounted for 'eginning goods in process inventory - units Units started this period Total units Cost per equivalent unit of production Materials Conversion Total costs Costs Costs : Equivalent units of production EUP EUP Cost per equivalent unit of production 0 0 Cost Assignment Cost per Completed and transferred out EUP EUP Total cost Direct materials Conversion Total Completed and transferred out Ending work in process Direct materials EA 0.00 $ O Conversion $ 0.00 O Total ending work in process Total costs accounted for Required 1 5 RequiredZ Prepare the May 31 journal entry to transfer the cost of units from forming to Assembly. View transaction list Journal entry worksheet Record the transfer of goods to next department. Note: Enter debits before credits