Tumar Co. manufactures a single product in two departments: Forming and Assembly. Information for the Forming process for May follows Direct Materials Conversion Percent Complete Percent Complete 100% 40 Units Beginning work in process inventory 3.000 Units started this penod 21.600 Units completed and transferred out 22 200 Ending work in process inventory 2.400 100% 80% $19.800 221940S 241.740 Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 496,800 2165940 7662740 $2.904 480 2.400 100% BOX Ending work in process inventory $ 19,800 221940 241,740 Beginning work in process inventory Direct materials Conversion Costs added this period Direct matenals Conversion Total costs to account for 496 800 2165 940 2,662 740 $2,904,480 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