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 balances for the materials subsidiary ledger under FIFO. Received Issued Balance Receiving Report Number Quantity Unit Price Materials Requisition Number Quantity Amount Date Quantity Unit price Amount May 1 250 $5 $1,250 21 180 $7 May 4 fill in the blank b9f05ff34004fae_1 fill in the blank b9f05ff34004fae_2 fill in the blank b9f05ff34004fae_3 fill in the blank b9f05ff34004fae_4 fill in the blank b9f05ff34004fae_5 fill in the blank b9f05ff34004fae_6 106 280 $fill in the blank b9f05ff34004fae_7 May 10 fill in the blank b9f05ff34004fae_8 fill in the blank b9f05ff34004fae_9 fill in the blank b9f05ff34004fae_10 27 120 9 May 21 fill in the blank b9f05ff34004fae_11 fill in the blank b9f05ff34004fae_12 fill in the blank b9f05ff34004fae_13 fill in the blank b9f05ff34004fae_14 fill in the blank b9f05ff34004fae_15 fill in the blank b9f05ff34004fae_16 119 170 fill in the blank b9f05ff34004fae_17 May 27 fill in the blank b9f05ff34004fae_18 fill in the blank b9f05ff34004fae_19 fill in the blank b9f05ff34004fae_20 b. Determine the materials inventory balance at the end of May. $fill in the blank 4e14d5080056fdb_1 c. Journalize the summary entry to transfer materials to work in process. fill in the blank 1598f106b05601b_2 fill in the blank 1598f106b05601b_4 d. Comparing as reported in the materials ledger with predetermined order points would enable management to order materials before a(n) causes idle time .