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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 Unit Receiving Report Number Quantity Unit Price Materials Requisition Number Quantity Amount Date Quantity Amount price May 1 360 $6 $2,160 23 250 $8 May 4 360 6 2,160 250 8 2,000 108 410 3,280 x May 10 8 29 170 10 May 21 8 170 10 1,700 121 240 8 May 27 10 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