Azule Company manufactures in two sequential processes, Cutting and Binding. The two processes report the information below for a recent month. Beginning work in process inventory Costs added this period Direct materials Conversion Cutting $ 5,270 Transferred from Cutting to Binding Transferred from Binding to finished goods Ending work in process inventory 9,540 11,250 Cutting Binding $ 7,898 Determine the ending balances in the Work in Process Inventory accounts for Cutting and for Binding. Hint. Set up T-accounts for Work in Process Inventory for both Cutting and for Binding. 8,092 19,025 Binding $ 18,820 45,000

Azule Company manufactures in two sequential processes, Cutting and Binding. The two processes feport the information below for a recent month. Determine the ending balances in the Work in Process Inventory accounts for Cutting and for Binding. Hint Set up Teaccounts for Work in Process Inventory for both Cutting and for Binding