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THANK YOU CHEGG PROFESSIONALS IN ADVANCE!!!!!!!9!!!!!!!!!! Required information [The following information applies to the questions displayed below.] Tamar Company manufactures a single product in two
THANK YOU CHEGG PROFESSIONALS IN ADVANCE!!!!!!!9!!!!!!!!!!
Required information [The following information applies to the questions displayed below.] Tamar Company manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows. 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. 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: \begin{tabular}{|l|l|} \hline & \\ \hline Total units to account for & \\ \hline Units accounted for: & \\ \hline & \\ \hline Total units accounted for & \\ \hline \end{tabular} 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 Required 2> . Prepare the Forming department's production cost report for May using the welghted average method. . 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. Prepare the May 31 journal entry to transfer the cost of units from Forming to Assembly. Journal entry worksheet Record the transfer of goods to next department. Note: Enter debits before creditsStep by Step Solution
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