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Please help! it's a long question, but I'm at a lost on this one Tamar Company manufactures a single product in two departments: Forming and

Please help! it's a long question, but I'm at a lost on this oneimage text in transcribedimage text in transcribedimage text in transcribed

Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows. Direct Materials Percent Complete 1eex Conversion Percent Complete 4ex Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 5.700 41,840 42,180 4,560 1eex sex $ 37,620 421,686 $ 459,386 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 943,92e 4,115,286 5,059,286 $ 5,518,512 Required: 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the Forming department's production cost report for May using the weighted average method. TAMAR COMPANYForming Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for: Total units to account for Total units accounted for: Total units accounted for Equivalent units of production (EUP)- weighted average method Units % Materials EUP-Materials % Conversion EUP Conversion Total units Cost per equivalent unit of production Materials Conversion Cos's EUP Costs EUP Total costs - Equivalent units of production Cost per equivalent unit of production Cost Assignment Cost Assignment Completed and transferred out Direct materials EUP Cost per EUP Total cost Conversion Total Completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for Record the transfer of goods to next department. Note: Enter debits before credits. General Journal Debit Credit Date May 31

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