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Cost of Materiais Issuances Under the FIFO Method Balance An incomplete subsidiary ledger of materials inventory for May is as follows: a. Complete the materials ances and balances for the materials subsidiary ledger under Hiro Received Issued Receiving Materials Limit Report Quantity Requisition Quantity Amount Price Number Number Date Quantity Quantity Unit price Amount 200 May 1 19 SH00 Mar 4 25 140 102 230 May 10 o May 21 31 90 13 May 22 1 115 130 b. Determine the materials inventory balance at the end of May. Feedback Check 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 Work in Process Materials Feedback Check c. Increase work in process and decrease materials for the total of issuances found in Rega