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 fron cutting dept. Direct materials Conversion $ 1, 950 s 1,270 2,526 3, 900 4,600 Costs added dur ing Harch Direct materials Conversion Transferred in from cutting dept. Transferred to finished goods $11,740 s 6, 4B0 15, 900 19,925 21, 670 41, 000 Determine the ending balances in the Work in Process Inventory accounts of each department Cutting Binding Ending wonk in proces