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Required information Use the following information for the Problems below. (Static) [The following information applies to the questions displayed below] Tamar Company manufactures a single

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Required information Use the following information for the Problems below. (Static) [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. Problem 20-3A (Static) Weighted average: Production cost report LO P2, P4 Required: 1. Prepare the Forming department's production cost report for May using the weighted average method. 2. Prepare the Moy 31 joumal entry to transfer the cost of units from Forming to Asspmbly Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: \begin{tabular}{|l|r|} \hline Units to account for: & \\ \hline Beginning work in process inventory - units & 3,000 \\ \hline Units started this period & 21,600 \\ \hline Total units to account for & 24,600 \\ \hline Units accounted for: & \\ \hline Beginning work in process inventory - units & 22,200 \\ \hline Units started this period & 2,400 \\ \hline Total units accounted for & 24,600 \\ \hline \end{tabular} Equivalent units of production (EUP) Trepare the May 31 journal entry to transfer the cost of units from Forming to Assembly

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