Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 26,200 units of product to finished goods inventory. Its 3,800 units of beginning work in process consisted of $20,600 of direct materials and $257940 of conversion costs t has 2,800 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $501,400 of direct material costs and $2,500,740 of conversion costs were charged to production Prepare the journal entry dated May 31 to transfer the cost of completed units to finished goods inventory (Do not round termediate calculations. Round your final answers to the nearest whole dollar.) iew transaction list Journal entry worksheet Record the transfer of goods to finished goods inventory Note: Enter debits before credits. General Journal