Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows. 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 Units 5,850 42,120 43,290 4,680 $ 38,610 432,783 968,760 4,223,583 Direct Materials Conversion Percent Percent Complete Complete 100% 40% 100% $ 471,393 5,192,343 $ 5,663,736 80%

Assume that Tamar uses the FIFO method of process costing. The units started and completed for may total 19,200. Required: 1. Prepare the Forming department's production cost report for May using FIFO. 2. Prepare the May 31 journal entry to transfer the cost of units from forming to Assembly. Complete this question by entering your answers in the tabs below. Required information \begin{tabular}{|c|c|c|c|c|} \hline Beginning work in process & & & & \\ \hline To complete beginning work in process & EUP & CostperEUP & Total cost & \\ \hline Direct materials & & & 0 & \\ \hline Conversion & & & & \\ \hline Started and completed & EUP & CostperEUP & Total cost & \\ \hline Direct materials & & & 0 & \\ \hline Conversion & & 0.00 & & \\ \hline Completed and transferred out & & & & \\ \hline Ending work in process & EUP & CostperEUP & Total cost & \\ \hline Direct materials & & 0.00 & 0 & \\ \hline \end{tabular} Prev 1 of 1 Next Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows. Record the transfer of goods to next department. Note: Enter debits before credits. \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ TAMAR COMPANY - Forming Department } \\ \hline & \multicolumn{2}{|c|}{ Production Cost Report - FIFO Method } \\ \hline Unit reconciliation: & \\ \hline Units to account for: & 5,850 \\ \hline Beginning work in process & 42,120 \\ \hline Units started this period & 47,970 \\ \hline Total units to account for & \\ \hline Units accounted for: & 5,850 \\ \hline Beginning work in process & \\ \hline Units started and completed & 4,680 \\ \hline Ending work in process & 10,530 \\ \hline Total units accounted for & \\ \hline \end{tabular}