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. $ 1,200 Direct materials $ 995 2,406 Conversion 3,350 4,250 Costs added during March Direct materials $ 12,940 $ 6,480 Conversion 17,550 20,075 Transferred in from cutting dept. 20,815 Transferred to finished goods 43,000 Determine the ending balances in the Work in Process Inventory accounts of each department.