Cost of Materials Issuances

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 first$-$in$,$ first$-$out 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 $1250$ $$1,250$ $$5$

$22180$ $$7$ July $5$

fill in the blank $1$

$

fill in the blank $2$

$

fill in the blank $3$

fill in the blank $4$

$

fill in the blank $5$

$

fill in the blank $6$

$102280$ $

fill in the blank $7$

July $10$

fill in the blank $8$

$

fill in the blank $9$

$

fill in the blank $10$

$28120$ $$9$ July $20$

fill in the blank $11$

$

fill in the blank $12$

$

fill in the blank $13$

fill in the blank $14$

$

fill in the blank $15$

$

fill in the blank $16$

$115170$ $

fill in the blank $17$

July $26$

fill in the blank $18$

$

fill in the blank $19$

$

fill in the blank $20$

b$.$ Determine the balance of wire cable at the end of July.

fill in the blank $1$ of $1$

$

c$.$ Determine the total amount of materials transferred to Work in Process for July.

fill in the blank $1$ of $1$

$

d$.$ All of the following statements about a materials ledger are true except: