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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

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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 22,950 units and transferred 23,700 units of product to the Assembly department. Its 3,300 units of beginning work in process consisted of $20,100 of direct materials and $235,440 of conversion costs. It has 2,550 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $557,400 of direct materials costs and $2,132,640 of conversion costs were charged to the Forming department. DANGA 1. Prepare the Forming department's process cost summary for May using the weighted-average method. 255,540 255,540 $ Total costs to account for: Costs of beginning work in process Costs incurred this period Total costs to account for: Total costs accounted for Difference due to rounding costunit Unit reconciliation: Units to account for: Units started this period $ 0 3,300 Total units to account for Total units accounted for: Units completed and transferred out Ending work in process - units Total units accounted for % Materials EUP. Materials % Conversion EUP. Conversion 100% 100% 100% 80% Equivalent units of production (EUP)- weighted average method Units Units completed and transferred out Ending work in process - units Total units Cost per equivalent unit of production Costs of beginning work in process Costs incurred this period Total costs + Equivalent units of production Cost per equivalent unit of production Materials Conversion Costs EUP Costs EUP 0 Materials Conversion Costs EUP Costs EUP 0 0 EUP Cost per EUP Total cost Cost per equivalent unit of production Costs of beginning work in process Costs incurred this period Total costs - Equivalent units of production Cost per equivalent unit of production Total costs accounted for: Cost of units transferred out: Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP Total cost $ 0.00 $ $ 0.00 0 0

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