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Required 1 Required 2 Prepare the Forming department's production cost report for May using FIFO. Note: Round Cost per EuP to 2 decimal places. TAMAR
Required 1 Required 2 Prepare the Forming department's production cost report for May using FIFO. Note: Round "Cost per EuP" to 2 decimal places. TAMAR COAPANY-Forming Department Production Cost Report - FlFO Method For Month Ended May 31 Unit recenciliation:- Units to account for: \begin{tabular}{|l|l|} \hline & Units to account for: \\ \hline & \\ \hline Total units to account for & \\ \hline Units accounted for: & \\ \hline & \\ \hline & \\ \hline Total units accounted for & \\ \hline \end{tabular} Equivaleot units of production (EUP) [The following information applies to the questions displayed below] Tamar Company manufactures a single product in two departments: Forming and Assembly. Informatton for the Forming process for May follows. Assume that Tamar uses the FIFO method of process costing. The units started and completed for may total 19,200. Requitred: 1. Prepare the Forming department's production cost report for May using Fifo. 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. Prepare the Forming department's production cost report for May using FIFO. Note: fround "Cost per EUP' to 2 decimal places. 1. Prepare the Forming department's production cost report for May using FIFO. 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. Prepare the May 31 journal entry to transfer the cost of units from forming to Assembly. Note: Do not round intermediate calculations. Enter your answers rounded to the nearest whole do Journal entry worksheet Record the transfer of goods to next department. Note Enter debits bofore credits
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