Cost of Materials Issuances Under the FIFO Methood 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 Materials quantity price Number Unit price Unit Requisition Quantity Amount Date Quantity Amount Number May 1 $6 280 280 200 $1,680 1,680 1,600 26 200 $8 May 4 105 320 May 10 bo May 21 32 10 10 V 10 130 1,300 118 190May 27 Chack My Work a. Calouiate the amount of each materials issue, using FIFO In the Balance section, separate oach dferent unit price and its quantty b. Determine the materials inventory balance at the end of May