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Cost of Material Issuances Under the FIFO Method An incomplete subsidiary ledger of materials inventory for Mayis as follows: a. Complete the materials issuances and

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Cost of Material Issuances Under the FIFO Method An incomplete subsidiary ledger of materials inventory for Mayis as follows: a. Complete the materials issuances and balances for the materials subsidiary ledger under Fro Received Issued Receiving Unit Materiale Report Quantity Requisition Quantity Amount Price Number Number malance Balance Date Quantity UA price amount Amount 270 55 12.160 27 190 $10 May 1 May 4 105 310 llllll 33 130 May 10 May 21 12 110 100 May 27 b. Determine the materials inventory balance at the end of a Jumle the wmmary entry to transfer moters to work in process. In amont box does not more d. Comparing as reported in the materialer with predetermined onder points would be management to order to before(n) Gues idle time

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