Question: Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month Cutting Binding $ 1,045
Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month Cutting Binding $ 1,045 2,950 $ 1,950 2,070 3,500 Beginning work in process Transferred in from cutting dept. Direct materials Conversion Costs added during March Direct materials Conversion Transferred in from cutting dept. Transferred to finished goods $13,940 $ 7,100 15,900 19,025 23,30 41,000 Determine the ending balances in the Work in Process Inventory accounts of each department. Cutting Binding Ending work in process
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