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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.
Required:
- Prepare the Forming departments production cost report for May using the weighted average method.
- Prepare the May 31 journal entry to transfer the cost of units from Forming to Assembly.
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