Cost of Materials Issuances Under the FIFO Method An incomplete subsidiary ledger of wire cable for July is as follows: Complete the materials issuances and balances for the wire cable subsidiary ledger under FIFO. Determine the balance of wire cable at the end of July. Journalize the summary entry to transfer materials to work in process. Determine the balance of wire cable at the end of July. Journalize the summary entry to transfer materials to work in process. Comparing as reported in the materials ledger with predetermined order points would enable management to order materials before a(n) causes idle time