Question: Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month. Cutting Binding Beginning work

 Azule Co. manufactures in two sequential processes, cutting and binding. The

Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month. Cutting Binding Beginning work in process Transferred in from cutting dept. $ 1,550 Direct materials 970 2,070 Conversion 3,050 4,200 Costs added during March Direct materials $ 9,840 $ 9,332 Conversion 13,050 18,575 Transferred in from cutting dept. 24,520 Transferred to finished goods 42,000 Determine the ending balances in the Work in Process Inventory accounts of each department. Cutting Binding Ending work in process

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