Boston Tile produces ceramic tiles using two sequential production departments: Tile-Forming and Tile-Finishing. The following information was found for Boston Tile's first production process, the Tile-Forming Department. (Click the icon to view the data for the Tile-Forming Department.) Requirement Use the five steps of process costing to calculate the cost that should be assigned to (1) units completed and transferred out and (2) units still in ending work in process inventory. Then prepare the journal entry needed at month-end to transfer the costs associated with the formed tiles to the next department, Tile-Finishing. BOSTON TILE TILE-FORMING DEPARTMENT Month Ended May 31 Information about units: Beginning work in process, May 1 2,300 units Started in production during May 19,100 units Completed and transferred to Finishing Department during May 19.000 units Ending work in process, May 31 (25\% complete as to direct materials, 55% complete as to conversion cost) 2,400 units Information about costs: Beginning work in process, May 1 (consists of $1,100 of direct materials cost and $4,300 of conversion costs) Direct materials used in May Conversion costs incurred in May \begin{tabular}{rr} 5 & 5,400 \\ 5 & 5,760 \\ $ & 33,292 \\ \hline \end{tabular}