QS 20-20 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 $ 1,045 2.900 $ 1,989 2,070 4.950 Beginning work in process Transferred in fron cutting dept. Direct materials Conversion Costs added during March Direct materials Conversion Transferred in from cutting dept. Transferred to finished goods $13,540 $ 9,828 15,750 19.625 21,100 30,000 Determine the ending balances in the Work in Process Inventory accounts of each department. Cutting Binding Ending work in process