Question: Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month. Determine the ending balances

Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month. Determine the ending balances in the Work in Process Inventory accounts of each department.

Cutting Binding Beginning work in process $1,200 $ 845 1,926 2,600 3,300 Transferred in from cutting dept. Conversion..^-^.-. Costs added during March Direct materials Conversion..^-^.-. Transferred in from cutting dept. .8,240 6,356 ,100 18,575 15,685 30,000

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