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 $ 4,895 Binding $ 8,518 Costs added this period Direct materials Conversion 9,340 15,150 8,092 19,475 Transferred from Cutting to Binding $ 21,955 46,000 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