$[$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.

Units Direct Materials Conversion

Percent Complete Percent Complete

Beginning work in process inventory $3,900100\%40\%$

Units started this period $28,080$

Units completed and transferred out $28,860$

Ending work in process inventory $3,120100\%80\%$

Beginning work in process inventory

Direct materials $ $25,740$

Conversion $288,522$ $ $314,262$

Costs added this period

Direct materials $645,840$

Conversion $2,815,7223,461,562$

Total costs to account for $ $3,775,824$

Required:

Prepare the Forming department$$s 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.