Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. Journal entry worksheet Record the transfer of goods to next department. Note: Enter debits before credits. Prepare the Forming department's production cost report for May using the weighted average method. Prepare the Cutting department's production cost report for October using the weighted average method. Note: Round "Cost per EUP" to 2 decimal places. Equivalent units of production (EUP) Fast Company produces its product through two processing departments: Cutting and Assembly. Information for the Cutting department follows. Required: 1. Prepare the Cutting department's production cost report for October using the weighted average method. 2. Prepare the October 31 journal entry to transfer the cost of completed units from cutting to Assembly. 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. 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. Prepare the May 31 journal entry to transfer the cost of units from Forming to Assembly. Journal entry worksheet Record the transfer of goods to next department. Note: Enter debits before credits