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Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows. Required: Prepare the Forming departments

Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows.

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Required:

  1. Prepare the Forming departments 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.
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