An incomplete subsidiary ledger of wire cable for May 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 May.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.

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RECEIVED ISSUED BALANCE Receiving Materials Unit Report Unit Requisition Number Date Quantity Amount Price May 1 $2,400 $8.00 May 2 Number Quantity Price Quantity Amount 300 24 210 $10.00 101 340 30 140 12.00 May 12 May 21 114 200