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Bravo Wire Enterprises is a manufacturer of electrical conductors. The following incomplete subsidiary ledger is for wire cable during July: a . Complete the materials
Bravo Wire Enterprises is a manufacturer of electrical conductors. The following incomplete subsidiary ledger is for wire cable during July:
a Complete the materials issuances and balances for the wire cable subsidiary ledger. Assume a firstin firstout cost flow.
b Determine the balance of wire cable at the end of July.
$
c Determine the total amount of materials transferred to Work in Process for July.
$
d All of the following statements about a materials ledger are true except:Complete the materials issuances and balances for the wire cable subsidiary ledger. Assume a firstin firstout cost flow.
Received
Receiving
Report
Number
Received
Quantity
Received
Unit Price Issued
Materials
Requisition
Number Issued
Quantity Issued
Amount Balance
Date Balance
Quantity Balance
Amount Balance
Unit Price
July $ $
$ July fill in the blank
$fill in the blank
$fill in the blank
fill in the blank
$fill in the blank
$fill in the blank
$fill in the blank
July fill in the blank
$fill in the blank
$fill in the blank
$ July fill in the blank
$fill in the blank
$fill in the blank
fill in the blank
$fill in the blank
$fill in the blank
$fill in the blank
July fill in the blank
$fill in the blank
$fill in the blank
b Determine the balance of wire cable at the end of July.
fill in the blank of $
c Determine the total amount of materials transferred to Work in Process for July.
fill in the blank of $
d All of the following statements about a materials ledger are true except:
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