Required information Use the following information for the Problems below. (Static) [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. Direct Materials Conversion Units Beginning work in process inventory Units started this period 3,000 Percent Complete 100% Percent Complete 40% 21,600 Units completed and transferred out Ending work in process inventory 22,200 2,400 100% 80% Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 19,800 221,940 $ 241,740 496,800 2,165,940 2,662,740 $ 2,904,480 Problem 16-3A (Static) Weighted average: Production cost report LO P2, P4 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. Journal entry worksheet < 1 Record the transfer of goods to next department. Note: Enter debits before credits. Date May 31 General Journal Debit Credit Record entry Clear entry View general journal