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				Balance
Receiving Report Number	Quantity	Unit Price		Materials Requisition Number	Quantity	Amount		Date	Quantity	Unit price	Amount
								May 1	370	$6	$2,220
27	260	$8						May 4
				100	420	$		May 10
33	170	10						May 21
				113	250			May 27

b. Determine the materials inventory balance at the end of May. $

c. Journalize the summary entry to transfer materials to work in process.

	Work in Process
	Materials