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 27,000 units and transferred 28,200 units of product to the Assembly department. Its 4,200 units of beginning work in process consisted of $21,000 of direct materials and $275,940 of conversion costs. It has 3,000 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $634,200 of direct materials costs and $2,631,060 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. $ HA Total costs to account for: Costs of beginning work in process 296,940 Costs incurred this period Total costs to account for: 296,940 Total costs accounted for Difference due to rounding cost/unit $ 0 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 % Materials EUP - Materials % Conversion EUP-Conversion Total units Cost per equivalent unit of production Materials Conversion Costs Costs EUP EUP Total costs - Equivalent units of production Cost per equivalent unit of production Total costs accounted for: Cost of units transferred out: Direct materials EUP Cost per EUP Total cost 2. Prepare the journal entry dated May 31 to transfer the cost of units to Assembly. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)