In: Accounting
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. | $ | 1,900 | ||||
Direct materials | $ | 1,245 | 2,406 | |||
Conversion | 2,950 | 4,750 | ||||
Costs added during March | ||||||
Direct materials | $ | 11,640 | $ | 9,456 | ||
Conversion | 17,400 | 19,775 | ||||
Transferred in from cutting dept. | 21,670 | |||||
Transferred to finished goods | 35,000 | |||||
Determine the ending balances in the Work in Process Inventory
accounts of each department
cutting | binding | |
ending work in process |