Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows. Direct Materials Conversion Units Beginning work in process inventory 6,150 100% Percent Percent Complete Complete 40% Units started this period 44,280 Units completed and transferred out 45,510 Ending work in process inventory 4,920 100% 80% Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials. Conversion $ 40,590 454,977 $ 495,567 1,018,440 4,440,177 5,458,617 Total costs to account for $ 5,954,184 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the Forming department's production cost report for May using the weighted average method. TAMAR COMPANY-Forming Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for: Revue L Revue 2 Required information Unit reconciliation: Units to account for: Total units to account for Units accounted for: 25 Total units accounted for W TAMAR COMPANY-Forming Department Production Cost Report - Weighted Average Method For Month Ended May 31 Equivalent units of production (EUP) Equivalent Units of Production Cost per equivalent unit of production. Total costs Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Direct Materials Units % Complete Costs EUP Conversion EUP % Complete EUP Materials EUP Cost per EUP Total cost < Prev 10 of 10 Next Costs EUP 0 Conversion 0 Required information Total units accounted for Equivalent units of production (EUP) Equivalent Units of Production Cost per equivalent unit of production Total costs + Equivalent units of production Cost per equivalent unit of production Cost Assignment Direct Materials Units % Complete Costs EUP Conversion EUP % Complete EUP Materials Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Ending work in process Direct materials Conversion $ 0.00 $ 0 $ 0.00 0 Conversion Costs EUP 0 0 Total costs accounted for Required 1 Required 2 Prepare the May 31 journal entry to transfer the cost of units from Forming to Assembly. View transaction list Journal entry worksheet 1 Record the transfer of goods to next department. Note: Enter debits before credits. Date May 31 General Journal Debit Credit Record entry Clear entry View general journal