An incomplete subsidiary ledger of wire cable for July is as follows:

a. Complete the materials issuances and balances for the wire cable subsidiary ledger under FIFO.
b. Determine the balance of wire cable at the end of July.
c. Journalize the summary entry to transfer materials to work in process.
d. Explain how the materials ledger might be used as an aid in maintaining inventory quantities onhand.

RECEIVED ISSUED BALANCE Receiving Report Number Quatity Price Nb Quantity AmounD Materials Unit Requisition Unit Quantity Price Amount July 300 $18.00 $5,400 July 2 July 6_ July 12 July 21__ 31 200 $20.00 106 320 37 140 32.00 115 200