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 Costs added this period	$ 4,545	$ 7,826
Direct materials	10,240	6,852
Conversion	16,500	19,175
Transferred from Cutting to Binding		$ 22,240
Transferred from Binding to finished goods		32000

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.