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

	Units	Direct Materials	Conversion
		Percent Complete	Percent Complete
Beginning work in process inventory	6,450	100%	40%
Units started this period	46,440
Units completed and transferred out	47,730
Ending work in process inventory	5,160	100%	80%

Beginning work in process inventory
Direct materials	$ 42,570
Conversion	477,171	$ 519,741
Costs added this period
Direct materials	1,068,120
Conversion	4,656,771	5,724,891
Total costs to account for		$ 6,244,632

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 COMPANYForming 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: Total units accounted for Equivalent units of production (EUP) Direct Materials % Complete EUP Conversion % Complete EUP Units Equivalent Units of Production Cost per equivalent unit of production Materials Conversion Total costs Costs Costs EUP EUP Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out EUP Cost per EUP Total cost Direct materials Conversion Ending work in process Direct materials Conversion 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