Required Information Problem 20-4A Weighted average: Process cost summary, equivalent units, cost estimates LO C2, C3, P4 [The following information apples to the questions displayed below) Tamar Co manufactures a single product in two departments. All direct materials are added at the beginning of the Forming process. Conversion costs are added evenly throughout the process. During May, the Forming department started 27,900 units and transferred 29,200 units of product to the Assembly department. Its 4,400 units of beginning work in process consisted of $21,200 of direct materials and $284,940 of conversion costs. It has 3,100 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $592,500 of direct materials costs and $2,788,020 of conversion costs were charged to the Forming department Problem 20-4A Part 1 1. Prepare the Forming department's process cost summary for May using the weighted average method. Total costs to account for: $ 0 Total costs to account for Total costs accounted for Difference due to rounding cost/unit Unit reconciliation: Units to account for: S 0 Total units to account for Total units accounted for Total units accounted for Equivalent units of production (EUP) weighted average method Units Materials EUP. Materials % Conversion EUP. Conversion Totalnis