Cost of Materials Issuances Under the FIFO Method An incomplete subsidiary ledger of materials inventory for May is as follows: a. Complete the materials issuances and bolances for the materials subsidiary ledger under FIFO. Fendeck T Creck My wan a. Calculate the amount of each materiais issue, using FIFO in the Baiance section, separate each different unit price and lta quantily b. Determine the materials inventory balance at the end of May. c. Journalize the summary entry to transfer materials to work in process. If an amount box does not require an entry, leave it blank. c. Increase work in process and decrease matenals for the tocal of issuances found in Req a. d. Comparing as reported in the materials ledger with predetermined order points would enable management to order materials before a( n ) causes idle time