Azule Company manufactures in two sequential processes, Cutting and Binding. The two processes report the information below for a recent month. Cutting Beginning work in process inventory $ 4,595 Binding $ 9,886 Costs added this period Direct materials 12,540 7,844 Conversion 13,200 18,725 Transferred from Cutting to Binding. $ 16,540 36,000 Transferred from Binding to finished goods 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. Ending work in process inventory Cutting Binding