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.

TCheck My Work

a$.$ Calculate the amount of each materials issue, using FIFO. In the Balance section, separate each different unit price and its quantity.

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

$$

Feecthack

TCheck My Work

b$.$ Calculate the amount of each materials issue, using FIFO. In the Balance section, separate each different unit price and its quantity.

c$.$ Journalize the summary entry to transfer materials to work in process. If an amount box does not require an entry, leave it blank.

Feechack

TCheck My Work

c$.$ Increase work in process and decrease materials for the total of issuances found in Req. a$.$

d$.$ Comparing quantities on hand $$ as reported in the materials ledger with predetermined order points would enable management to order materials before a$(n)$

lack of materials $$ causes idle time.