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Required information [ The following information applies to the questions displayed below. ] Tamar Company manufactures a single product in two departments: Forming and Assembly.

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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 FC
process for May follows.
Assume that Tamar uses the FIFO method of process costing. The units started and completed for may total 19,200.
Required:
Prepare the Forming department's production cost report for May using FIFO.
Prepare the May 31 journal entry to transfer the cost of units from forming to Assembly.
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