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 27,450 units and transferred 28,700 units of product to the Assembly department. Its 4,300 units of beginning work in process consisted of $21,100 of direct materials and $280,440 of conversion costs. It has 3,050 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $550,400 of direct materials costs and $2,709,000 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.