Cost of Materials Issuances 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. Assume a first-in, first-out cost flow. Received Issued Balance Receiving Materials Report Requisition Number Quantity Unit Price Number Quantity Amount Date Quantity Amount Unit Price July 1 300 $2,700 $9 26 210 $11 July 5 $ $ 101 340 July 10 $ 000000 32 140 $13 July 20 $ $ 114 200 July 26 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: Recording Factory Labor Costs A summary of the time tickets for September is as follows: Job No. Amount Job No. Amount 4467 $6,800 4478 $24,562 4470 15,164 4480 27,472 4471 12,838 4497 18,020 Indirect labor 19,040 4501 4,896 a. Determine the amounts of factory labor costs transferred to Work in Process and Factory Overhead for September. Factory labor costs transferred to Work in Process $ Factory labor costs transferred to Factory Overhead b. Illustrate the effect on the accounts and financial statements of the factory labor costs transferred in (a). If no account or activity is affected, select "No effect" from the drop-down list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Balance Sheet Stockholders' Assets Liabilities + Equity Statement of Cash Flows Income Statement