PLEASE HELP. using all of the information in these charts, I need help with the journal entries and figuring out what data I should be entering into the T accounts.

Required information [The following information applies to the questions displayed below.) Tamar Co. manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 26,100 units and transferred 27,200 units of product to the Assembly department. Its 4,000 units of beginning work in process consisted of $20,800 of direct materials and $266,940 of conversion costs. It has 2,900 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $641.400 of direct materials costs and $2,655,540 of conversion costs were charged to the Forming department 1. Prepare the Forming department's process cost summary for May using the weighted-average method. + $ Total costs to account for: Costs of beginning work in process 287,740 Costs incurred this period 3,296,940 Total costs to account for: 3,584,680 Total costs accounted for 3,584,680 Difference due to rounding costunit 0 Unit reconciliation: Units to account for: Beginning work in process inventory - units 4,000 Units started this period 26,100 Total units to account for 30,100 Total units accounted for: Units completed and transferred out 27,200 Ending work in process - units 2.900 Total units accounted for 30,100 Equivalent units of production (EUP)- weighted average method 100% Gs LS - Equivalont units of production (EVP). weighted average method Units % Materials EUP-Materials % Conversion EUP. Conversion Units completed and transferred out 27,200 100% 27,200 100% 27,200 Ending work in process units 2,900 2,900 80% 2,320 Total units 30,100 30,100 29,520 Cost per equivalent unit of production Materials Conversion Costs of beginning work in process $ 20,800 $ 266,940 Costs incurred this period 641,400 2,655,540 Total costs Costs 662,200 Costs 2,922,480 - Equivalent units of production EUP 30,100 EUP 29,520 Cost per equivalent unit of production 22.00 99.00 Total costs accounted for: Cost of units transferred out: EUP Cost per EUP Total cost Direct materials 27,200 $ 22.00 $ 598,400 Conversion 27,200 $ 99.00 2,692,800 Total costs transferred out $3,291,200 Costs of ending work in process EUP Cost per EUP Total cost Direct materials 2,900 $ 22.00$ 63,800 Conversion 2,320$ 99.00 229,680 Total cost of ending work in process 293,480 Total costs accounted for G$ 3,584,680 Required information [The following information applies to the questions displayed below) Tamar Co. manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 26,100 units and transferred 27,200 units of product to the Assembly department. Its 4,000 units of beginning work in process consisted of $20,800 of direct materials and $266,940 of conversion costs. It has 2,900 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month. $641.400 of direct materials costs and $2,655,540 of conversion costs were charged to the Forming department 2. Prepare the journal entry dated May 31 to transfer the cost of units to Assembly. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) No Credit Date May 31 General Journal Work in process inventory-Assembly Work in process inventory --Forming Debit 3.291.2001 1 4 3,291,200 1) Calculating Information to use for Second Department: The analysis you completed on connect for Tamar Co. relates to their FIRST department Forming. We will use information from this department to calculate values for you to use in the SECOND department - Assembly later in the project a) Units: Include the number of units in beginning and ending inventory for the Forming department in the table below - Forming column. (These can be found in the paragraph of given information of Question 18 on HW3.1). Multiply the units by the "factors" provided in the table to calculate the number of units for Assembly's beginning and ending inventory. Units in WIP-Assembly Forming (connect) Factor (multiply) Assembly Beginning of units 4,000 1.20 4.800 Ending # of units 2.900 0.80 2.320 I b) Beginning Inventory Costs for Assembly: The assembly department will have 4 categories of costs for its process costing calculations; Forming Costs (transferred in from first department), Packaging costs (one category of direct material, Other direct material (a 2nd category of direct material) and Conversion costs (category combining direct labor and overhead). For the cost in the Assembly department's beginning inventory, use the BEGINNING costs for direct material and conversion from the Forming department (connect) and the factors provided below to calculate the other direct material and conversion costs in beginning inventory for Assembly department. Add all cost categories together for the "Total Costs". These amounts should be the beginning balance in the T accounts at the top of the project. Costs in Beginning WIP-Assembly Forming Cost Forming Costs Factor Assembly Cost Assembly Category (connect) (multiply) Category N/A N/A given value Forming $400,000 N/A N/A given value Packaging 200.000 Direct Material Costs 20.800 0.40 Other DM 8,320 Conversion Costs 266.940 0.50 Conversion 133.470 Total Costs 287,740 741.790 c) Costs Added (increases) to Assembly department: The journal entry made in Q17 to transfer costs OUT of the first department - Forming and into the Assembly department are considered "Forming" category costs for purposes of process costing calculations for the second department- ASSEMBLY. Include the amount from your Q18 journal entry in the Assembly Column for the "Forming Costs" row in the table below. Use the direct material costs ADDED/Incurred to the first department to calculate BOTH the Packaging costs and Other DM costs added/incurred in the second department-Assembly (use the respective "factors". Costs Added/Incurred in WIP-Assembly Forming Costs Factor Assembly Cost (connect) (multiply) Category N/A 021 JE Forming 641,400 1.20 Packaging Forming Cost Category "transferred OUT" Direct Material Costs Direct Material Costs Conversion Costs Assembly 3.291.200 769,680 641,400 0.60 Other DM 384,840 2,655,540 1.50 Conversion Total Costs Added/Incurred 3.983,310 8,429,030 2) Accounting for added costs (journal entries and T accounts): Using the information on connect and above complete the following: Remember, Tamar Company has TWO production departments; FORMING department (process cost summary prepared on connect) and ASSEMBLY department (process cost summary will be prepared in 3 of the Project). You will write the journal entries for BOTH departments here. Use Q5 of HW3.1 as an example regarding journal entry format. a) Include May's beginning account balance for WIP-Forming and WIP-Assembly (totals from table in 1b) in the T accounts at the top of the project. b) Raw material requests are made for direct material to the Forming Department, "other direct material" and "Packaging" for the Assembly Department. Write the journal entry to record the raw material requested and charged (added/incurred/used) to BOTH the departments during May. Note - This can be written as one compound journal entry or all three separate journal entries (one for each cost category). c) Conversion costs is the combination of direct labor and factory overhead. Assume the conversion costs (use amounts from 1c) consists of 45% direct labor and the remainder is factory overhead. There is no indirect labor for Tamar Co. Write the journal entry to record the direct labor incurred (charged/added) to BOTH departments in May. d) Write the journal entry to record the overhead applied (charged/added) to BOTH departments for May. (55% of conversion costs). Use these Inventory T-accounts for Tamar Co. for May as directed in the requirements below. Note - These T accounts will not be complete until you reach requirement 5c of the project. WIP-Forming WIP-Assembly 287,740 741,790 Raw Material Inventory Bal 5/1 420,000 Finished Goods Inventory Bal 5/1 -0- Bal 5/31 350,000 Bal 5/31 -0- e) Post ALL the journal entries from above to the T-accounts at the top of the project. Required information [The following information applies to the questions displayed below.) Tamar Co. manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 26,100 units and transferred 27,200 units of product to the Assembly department. Its 4,000 units of beginning work in process consisted of $20,800 of direct materials and $266,940 of conversion costs. It has 2,900 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $641.400 of direct materials costs and $2,655,540 of conversion costs were charged to the Forming department 1. Prepare the Forming department's process cost summary for May using the weighted-average method. + $ Total costs to account for: Costs of beginning work in process 287,740 Costs incurred this period 3,296,940 Total costs to account for: 3,584,680 Total costs accounted for 3,584,680 Difference due to rounding costunit 0 Unit reconciliation: Units to account for: Beginning work in process inventory - units 4,000 Units started this period 26,100 Total units to account for 30,100 Total units accounted for: Units completed and transferred out 27,200 Ending work in process - units 2.900 Total units accounted for 30,100 Equivalent units of production (EUP)- weighted average method 100% Gs LS - Equivalont units of production (EVP). weighted average method Units % Materials EUP-Materials % Conversion EUP. Conversion Units completed and transferred out 27,200 100% 27,200 100% 27,200 Ending work in process units 2,900 2,900 80% 2,320 Total units 30,100 30,100 29,520 Cost per equivalent unit of production Materials Conversion Costs of beginning work in process $ 20,800 $ 266,940 Costs incurred this period 641,400 2,655,540 Total costs Costs 662,200 Costs 2,922,480 - Equivalent units of production EUP 30,100 EUP 29,520 Cost per equivalent unit of production 22.00 99.00 Total costs accounted for: Cost of units transferred out: EUP Cost per EUP Total cost Direct materials 27,200 $ 22.00 $ 598,400 Conversion 27,200 $ 99.00 2,692,800 Total costs transferred out $3,291,200 Costs of ending work in process EUP Cost per EUP Total cost Direct materials 2,900 $ 22.00$ 63,800 Conversion 2,320$ 99.00 229,680 Total cost of ending work in process 293,480 Total costs accounted for G$ 3,584,680 Required information [The following information applies to the questions displayed below) Tamar Co. manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 26,100 units and transferred 27,200 units of product to the Assembly department. Its 4,000 units of beginning work in process consisted of $20,800 of direct materials and $266,940 of conversion costs. It has 2,900 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month. $641.400 of direct materials costs and $2,655,540 of conversion costs were charged to the Forming department 2. Prepare the journal entry dated May 31 to transfer the cost of units to Assembly. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) No Credit Date May 31 General Journal Work in process inventory-Assembly Work in process inventory --Forming Debit 3.291.2001 1 4 3,291,200 1) Calculating Information to use for Second Department: The analysis you completed on connect for Tamar Co. relates to their FIRST department Forming. We will use information from this department to calculate values for you to use in the SECOND department - Assembly later in the project a) Units: Include the number of units in beginning and ending inventory for the Forming department in the table below - Forming column. (These can be found in the paragraph of given information of Question 18 on HW3.1). Multiply the units by the "factors" provided in the table to calculate the number of units for Assembly's beginning and ending inventory. Units in WIP-Assembly Forming (connect) Factor (multiply) Assembly Beginning of units 4,000 1.20 4.800 Ending # of units 2.900 0.80 2.320 I b) Beginning Inventory Costs for Assembly: The assembly department will have 4 categories of costs for its process costing calculations; Forming Costs (transferred in from first department), Packaging costs (one category of direct material, Other direct material (a 2nd category of direct material) and Conversion costs (category combining direct labor and overhead). For the cost in the Assembly department's beginning inventory, use the BEGINNING costs for direct material and conversion from the Forming department (connect) and the factors provided below to calculate the other direct material and conversion costs in beginning inventory for Assembly department. Add all cost categories together for the "Total Costs". These amounts should be the beginning balance in the T accounts at the top of the project. Costs in Beginning WIP-Assembly Forming Cost Forming Costs Factor Assembly Cost Assembly Category (connect) (multiply) Category N/A N/A given value Forming $400,000 N/A N/A given value Packaging 200.000 Direct Material Costs 20.800 0.40 Other DM 8,320 Conversion Costs 266.940 0.50 Conversion 133.470 Total Costs 287,740 741.790 c) Costs Added (increases) to Assembly department: The journal entry made in Q17 to transfer costs OUT of the first department - Forming and into the Assembly department are considered "Forming" category costs for purposes of process costing calculations for the second department- ASSEMBLY. Include the amount from your Q18 journal entry in the Assembly Column for the "Forming Costs" row in the table below. Use the direct material costs ADDED/Incurred to the first department to calculate BOTH the Packaging costs and Other DM costs added/incurred in the second department-Assembly (use the respective "factors". Costs Added/Incurred in WIP-Assembly Forming Costs Factor Assembly Cost (connect) (multiply) Category N/A 021 JE Forming 641,400 1.20 Packaging Forming Cost Category "transferred OUT" Direct Material Costs Direct Material Costs Conversion Costs Assembly 3.291.200 769,680 641,400 0.60 Other DM 384,840 2,655,540 1.50 Conversion Total Costs Added/Incurred 3.983,310 8,429,030 2) Accounting for added costs (journal entries and T accounts): Using the information on connect and above complete the following: Remember, Tamar Company has TWO production departments; FORMING department (process cost summary prepared on connect) and ASSEMBLY department (process cost summary will be prepared in 3 of the Project). You will write the journal entries for BOTH departments here. Use Q5 of HW3.1 as an example regarding journal entry format. a) Include May's beginning account balance for WIP-Forming and WIP-Assembly (totals from table in 1b) in the T accounts at the top of the project. b) Raw material requests are made for direct material to the Forming Department, "other direct material" and "Packaging" for the Assembly Department. Write the journal entry to record the raw material requested and charged (added/incurred/used) to BOTH the departments during May. Note - This can be written as one compound journal entry or all three separate journal entries (one for each cost category). c) Conversion costs is the combination of direct labor and factory overhead. Assume the conversion costs (use amounts from 1c) consists of 45% direct labor and the remainder is factory overhead. There is no indirect labor for Tamar Co. Write the journal entry to record the direct labor incurred (charged/added) to BOTH departments in May. d) Write the journal entry to record the overhead applied (charged/added) to BOTH departments for May. (55% of conversion costs). Use these Inventory T-accounts for Tamar Co. for May as directed in the requirements below. Note - These T accounts will not be complete until you reach requirement 5c of the project. WIP-Forming WIP-Assembly 287,740 741,790 Raw Material Inventory Bal 5/1 420,000 Finished Goods Inventory Bal 5/1 -0- Bal 5/31 350,000 Bal 5/31 -0- e) Post ALL the journal entries from above to the T-accounts at the top of the project