Tamar Co. manufactures a single product in one department. Tamar uses monthly reporting periods for its weighted average process cost accounting. During May, the company completed and transferred 25,000 units of product to finished goods inventory. Its 4,200 units of beginning goods in process consisted of $19,600 of direct materials, $130,300 of direct labor, and $99,640 of factory overhead. It has 2,800 units (80% complete with respect to direct materials and 50% complete with respect to direct labor and overhead) in process at month-end. After entries to record direct materials, direct labor, and overhead for May, the company's Goods in Process Inventory account follows. Prepare the company's process cost production report May. (Round Cost per EUP to 2 decimal places and rest of the values to nearest whole dollar. The total costs account for may not be equal to the total costs to account for in the reconciliation. The difference is due to rounding.)

Goods in Process Inventory Acct. No.133
Date Explanation Debit Credit Balance
May 1 Balance 249,540
31 Direct materials 500,800 750,340
31 Direct labor 1,281,300 2,031,640
31 Applied overhead 972,640 3,004,280
Tamar Company
Production Cost Report
For the Month Ended May 30, 2008
Equivalent Units

Quantities PhysicalUnits Materials ConversionCosts

Units to be accounted for Work in process, May 1 Started into production Total unitsUnits accounted for Transferred out    4200__________  25000 _____ _____
Work in process, May 30  2800  ____ ______
Total units _____ _____ ______
Costs Materials ConversionCosts Total

Unit costs Costs in April (a) Equivalent units (b) Unit costs (a) ÷ (b)Costs to be accounted for Work in process, April 1 Started into production Total costs $______________ ________________ ___________ $______       _____$3,004,280
Costs accounted for Transferred out Work in process Materials Conversion costs Total costs  $__________ $ _____  _____$3,004,260