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a. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. Received Issued Materials Receiving Requisition Report Number Number 24 30 Received
a. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. Received Issued Materials Receiving Requisition Report Number Number 24 30 Received Quantity 180 d. Comparing 120 Received Unit Price $11 13 100 113 b. Determine the materials inventory balance at the end of May. Issued Quantity causes idle time. 280 170 Issued Amount 0 0 Balance Date May 1 May 4 May 10 May 21 May 27 Balance Quantity 250 Balance Unit price $9 c. Journalize the summary entry to transfer materials to work in process. If an amount box does not require an entry, leave it blank. 00000 Balance Amount $2,250 00000 as reported in the materials ledger with predetermined order points would enable management to order materials before a(n)
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