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 21,600 units, and transferred 22,200 units of product to the Assembly department. Its 3,000 units of beginning work in process consisted of $19,800 of direct materials and $221,940 of conversion costs. It has 2,400 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $496,800 of direct materials costs and $2,165,940 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. 1. Prepare the Forming department's process cost summary for May using the weighted average method. 0 Total costs to account for: Costs of beginning work in process $ 21,600 Costs incurred this period Total costs to account for: $ 21,600 Total costs accounted for Difference due to rounding cost/unit $ Unit reconciliation: Units to account for: Beginning work in process inventory - units Units started this period Total units to account for Total units accounted for: Units completed and transferred out Ending work in process - units Total units accounted for Equivalent units of production (EUP)- weighted average method Units Units completed and transferred out Ending work in process - units Total units % Materials EUP-Materials % Conversion EUP. Conversion 100% 100% 100% 80% Materials Conversion Costs Costs EUP 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 Total cost EUP $ 0.00 $ 0 $ 0.00 0