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 $ 5,070 $ 10,132 Costs added this period Direct materials 9,040 8,464 Conversion 11,85e 18.875 Transferred fron Cutting to Binding $ 21,385 Transferred from Binding to finished goods 48,000 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 Ending work in process inventory Cutting Binding 25,960s 37471