Question: 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

 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 20-4A (Static) FIFO: Production cost report

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 20-4A (Static) FIFO: Production cost report LO C2, P4 Assume that Tamar uses the FIFO method of process costing. The units started and completed for may total 19,200. Problem 20-4A (Static) FIFO: Production cost report LO C2, P4 Assume that Tamar uses the FIFO method of process costing. The units started and completed for may total 19,200. Required: 1. Prepare the Forming department's production cost report for May using FIFO. 2. Prepare the May 31 journal entry to transfer the cost of units from forming to Assembly. Complete this question by entering your answers in the tabs below. Prepare the Forming department's production cost report for May using FIFO. Note: Round "Cost per EUp" to 2 decimal places. TAMAR COMPANY - Forming Department Production Cost Report - FIFO Method For Month Ended May 31 Unit reconciliation: Units to account for: Equlvalent units of production (EUP) Equivalent Units of Production

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