eBook 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 Materials Requisition Quantity Unit Unit Quantity Amount Date Quantity Amoun price Number May 1 380 $5 $1,900 27 270 $7 May 4 100 May 10 180 9 May 21 113 May 27 b. Determine the materials inventory balance at the end of May Previous Next Check My Work 5 more Check My Work uses remaining 5:08 PM 994 2/24/2019 22 100 430 May 10 180 9 May 21 113 May 27 b. Determine the materials inventory balance at the end of May, c. Journalize the summary entry to transfer materials to work in process. as reported in the materials ledger with predetermined order points would enable managernent to order materials before d. Comparing a(n) causes idle time. Previous Next Check My Work 5 more Check My Work uses remaining. 5:08 PME 2/24/2019 22 99+