Azule Company manufactures in two sequential processes, Cutting and Binding. The two processes report the information below for a recent month Cutting Binding Beginning work in process inventory $ 5,220 $ 9,262 Costs added this period Direct materials 9,640 9,704 Conversion 15,750 18,575 Transferred from Cutting to Binding $ 18,250 Transferred fron Binding to finished goods 40,000 Determine the ending balances in the Work in Process Inventory accounts for Cutting and for Binding Hint Set up T-accounts for Work in Process Inventory for both Cutting and for Binding Cutting Binding Ending work in proceso inventory