Begin with the Work-in-Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations used Work-in-Process Inventory--Cutting Balance, May 1 Transfer out to Direct Materials 47,000 Direct Labor 16,000 Manufacturing Overhead 36,000 Balance, May 31 17,000 Work-in-Process Inventory-Finishing Balance, May 1 16,000 130,000 Transfer out to Transfer in from Direct Materials 27,000 Direct Labor Manufacturing Overhead 20,000 Balance, May 31 28,000 Work-in-Process Inventory-Packaging Balance, May 1 11.000 Transfer out to Transfer in from Direct Materials 3.000 Direct Labor 1,000