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Required information

Use the following information for the Problems below. $($Algo$)$

$[$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 $3-3$A $($Algo$)$ Weighted average: Production cost report LO P$2,$ P$4$

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.

$\begin{array}{cc}\text{U}\text{n}\text{i}\text{t}\text{r}\text{e}\text{c}\text{o}\text{n}\text{c}\text{i}\text{l}\text{l}\text{a}\text{t}\text{i}\text{o}\text{n}\text{:}& ?\\ \text{U}\text{n}\text{i}\text{t}\text{s}to\text{a}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{f}\text{o}\text{r}\text{:}& ?\\ \text{B}\text{e}\text{g}\text{i}\text{n}\text{n}\text{i}\text{n}\text{g}\text{w}\text{o}\text{r}\text{k}in\text{p}\text{r}\text{o}\text{c}\text{e}\text{s}\text{s}\text{i}\text{n}\text{v}\text{e}\text{n}\text{t}\text{o}\text{r}\text{y}-\text{u}\text{n}\text{i}\text{t}\text{s}& ?\\ \text{U}\text{n}\text{i}\text{t}\text{s}\text{s}\text{t}\text{a}\text{r}\text{t}\text{e}\text{d}\text{t}\text{r}\text{i}\text{s}\text{p}\text{e}\text{r}\text{i}\text{o}\text{d}& ?\\ \text{T}\text{o}\text{t}\text{a}\text{l}\text{u}\text{n}\text{i}\text{t}\text{s}to\text{a}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{f}\text{o}\text{r}& ?\\ \text{U}\text{n}\text{i}\text{t}\text{s}\text{a}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{e}\text{d}\text{f}\text{o}\text{r}\text{:}& ?\\ \text{C}\text{o}\text{m}\text{p}\text{l}\text{e}\text{t}\text{e}\text{d}\text{a}\text{n}\text{d}\text{t}\text{r}\text{a}\text{n}\text{s}\text{l}\text{e}\text{r}\text{e}\text{d}\text{o}\text{u}\text{t}& ?\\ \text{E}\text{n}\text{d}\text{i}\text{n}\text{g}\text{w}\text{o}\text{r}\text{k}in\text{p}\text{r}\text{o}\text{c}\text{e}\text{s}\text{s}& ?\\ \text{T}\text{o}\text{t}\text{a}\text{l}\text{u}\text{n}\text{i}\text{t}\text{s}\text{a}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{e}\text{d}\text{f}\text{o}\text{r}& ?\end{array}$

Equivalent units of production $($EUP$)$

$\backslash$table$[[$Equivalent units of production $($EUP$)],[,$Units,Direct Materials,Conversion$],[,*$ Complete,EUP,$*$ Complete,EUP$],[$Completed and transferred out$],[$Ending work in process$],[$Equivalent Units of Production$],[$Cost per equivalent unit of production,,,Materlals,,Conversion$],[$Costs of begirning work in process$],[$Total costs,,Conts,,Costs,$],[-$ Equivalant units of production,,EUP,,EUP,$],[$Cost per equivalent unit of production,$0,,$c$],[$Cost Assignment$],[$Completed and vansferred out,EUP,$\backslash$table$[[\backslash$table$[[$Cost per$],[$EUP$]]]],$Total cost,,$],[$Direct materials$],[$Conversion$],[$Ending work in process$],[$Direct materials,,$0\mathrm{.}00,5,,],[$Conversion$,,0\mathrm{.}00,0,,],[,,,$I,,$]]$

Journal entry worksheet

$1$

Record the transfer of goods to next department.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$May $31,,,],[,,,],[,,,],[,,,],[,,,]]$