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 Percent Percent Complete Complete 5,100 100% 40% Units started this period 36,720 Units completed and transferred out 37,740 Ending work in process inventory 4,000 100% BOX Beginning work in process inventory Direct materials Direct materials Conversion Costs added this period Conversion $ 33,660 377,298 $410,958 844,560 3,682,098 Total costs to account for 4,526,658 $ 4,937,616 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 Total units to account for Units accounted for: Required information 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 Unit reconciliation: Units to account for: Total units to account for Units accounted for: 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 For Month Ended May 31 Direct Materials Units % Complete Costs EUP Conversion EUP % Complete EUP Materials Cost Assignment Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Costs EUP 0 0 Required information Total units to account for Units accounted for: Total units accounted for Equivalent units of production (EUP) Equivalent Units of Production. Cost per equivalent unit of production Total costs 4 Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Ending work in process Direct Materials Units % Complete Costs EUP Conversion EUP % Complete EUP Materials EUP Cost per EUP Total cost Conversion Costs EUP 0 0 Direct materials Conversion $ 0.00 $ 0 $ 0.00 0 Total costs accounted for Required information Complete this question by entering your answers in the tabs below. 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 Record the transfer of goods to next department. Note: Enter debits before credits. Date May 31 General Journal Debit Credit Record entry Clear entry Required 4 View general journal