Azule Company manufactures in two sequential processes, Cutting and Binding. The two processes report the information below for a recent month. Beginning work in process inventory Cutting $ 3,695 Binding $ 8,210 Costs added this period Direct materials 12,340 7,472 Conversion 18,750 19,625 Transferred from Cutting to Binding Transferred from Binding to finished goods $ 16,255 49,000 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