cost of Materials Issuances Under the FIFO Method an incomplete subsidiary ledger of materials inventory for May is as follows: Complete the materials Issuances and balances for the materials subsidiary ledger under FIFO. Rebelved Issued Receiving Unit Materials Report Quantity Requisition Quantity Amount Price Number Number Balance Date Quantity Unit price May 1 250 $9 9 27 180 $11 250 180 11 104 280 3,080 x May 10 May 21 33 120 13 117 170 2,210 x May 27 Feedback Check 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. 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 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. Feedback Check My Work d. What is the benefit of having materials as needed? Feedback Check My Work Partially correct