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eBook w To Calculator c. Journalize the summary entry to transfer materials to work in process. If an amount box does reguite an untry leave
eBook w To Calculator c. Journalize the summary entry to transfer materials to work in process. If an amount box does reguite an untry leave it blank Work in Process X Materials Foucher Check My Work Cincrease work in process and decrease materials for the total of Sunces found in ea d. Comparing quantities on hand as reported in the material ledger with predetermined order points would enable management to order materials before an) lack of materials causes idle time Tudtock Check / W d. What is the beneft of thang meas needed Feedsch Cho My Work Partisi armet Previous Check My Work Emalietreler Seet and Subs All work saved 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 ledder under FIFO. Received Issued Balance Receiving Report Number Quantity Unit Price Materials Requisition Number Quantity Amount Date Quantity Unit price Amount May 1 240 $9 $2,160 26 170 $11 May 4 240 9 2,160 170 11 1,870 101 270 2,490 May 10 140 11 1,540 32 110 13 May 21 140 11 1,540 110 13 1,430 114 160 1,800 90 May 27 13 1,170 Feedback Check My Work a Calc ate the amount of each materials issue, using FIFO in the Balance secbon, separate each different unit price and its quantity b. Determine the materials inventory balance at the end of May. 1,170 Feedba Check My Wars Check My Work E
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