An incomplete subsidiary ledger of materials inventory for May is as follows: a. Complete the materials issuances and balances for the materials subsidiary ledger under Fifo. Received Issued Receiving Materials Report Unit Requisition Number Quantity Number Quantity Amount Balance Unit Price Date Quantity price Amount May 1 400 $9 53,600 22 280 511 May 4 103 450 May 10 28 190 13 lllll May 21 116 270 May 22 b. Determine the materials inventory balance at the end of May. C. Joumalize the summary entry to transfer materials to work in process. If an amount box does not require an entry, leave it blank d. Comparing as reported in the material ledger with predetermined order points would enable management to order matenals before an) causes idle time