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• Accounts payable
• Accounts receivable
• Cash
• Common stock
• Cost of goods sold
• Factory overhead
• Factory wages payable
• Finished goods inventory
• General and administrative expenses
• Paid-in capital in excess of par value, Common stock
• Retained earnings
• Sales
• Selling expenses
• Work in process inventoryAssembly
• Work in process inventoryForming

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. Record the transfer of goods to next department. Note: Enter debits before credits