QS 16-20 Transfer of costs, ending WIP balances LO C3 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. Direct materials Conversion $ 1,750 870 2,142 3,050 4,250 Costs added during March Direct materials Conversion Transferred in from cutting dept Transferred to finished goods $12,540 $9,084 16,950 18,725 16,825 41,000 Determine the ending balances in the Work in Process Inventory accounts of each department. CuttingBinding Ending work in process