Tomar Company manufactures a single product in two departments: Forming and Assembly. information fi process for May follows. Problem 16-4A (Algo) FIFO: Production cost report LO C2, P4 Assume that Tamar uses the FIFO methoo of process costing. The units started and completed for may total 19.200 . Required: 1. Prepare the Forming deparment's production cost report for May using FIFO: 2. Prepare the May 31 joumal entry to transfer the cost of unis from forming to Assembly. Complete this question by entering your answers in the tabs below. Prepare the Forming department's production cost report for Mtay using FIFO. (Round "Cost per Eup" to 2 decimal places.) Urisb ?idited stis Leriver 24.044x Required information Equivalent units of production (EUP) Requlred: 1.3. Using the FIFO method, assign May's costs to the units transferred out and assign costs to its ending work in proc (Round "Cost per EUP" to 2 decimal places.)