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 Percent Complete 100x Conversion Percent Complete 40% Units 3,000 21,600 22,200 2,400 100% BOX Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory 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 Required information Required 1 Required 2 OS TAMAR COMPANY--Forming Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for: Beginning work in process inventory - units 3.000 Units started this period 21.600 Total units to account for 24.600 Total units accounted for: Units completed and transferred out 22 200 Ending work in process - units 2,400 Total units accounted for 24.600 Equivalent units of production (EUP)-weighted average method % EUP Units Materials Materials Beginning goods in process inventory - units 3,000 0% Ending work in process - units 19 200 100% 19,200 Total units 22 200 19.200 Cost per equivalent unit of production Materials Costs added this period IS 496.800 >> EUP- Conversion Conversion 60% X 1.800 100% 19 200 21.000 Conversion $ 2.165 940 > 100% Required information Ending work in process - units Total units Cost per equivalent unit of production Costs added this period 19.2008 22,200 19.200 19,200 Materials S 496,800 100% X 19 200 21,000 Conversion $ 2.165,940 Costs EUP Costs EUP Total costs Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out 0 0 Total cost Cost per EUP EUP 19, 2008 Direct materials 19,200 Conversion Total Completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for IS 0.00 IS 0 $ 0.00 0 Required 2 > Problem 3-3A (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 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the May 31 journal entry to transfer the cost of units from forming to Assembly No Date General Journal Debit Credit