Receiving Report Number Quantity Unit Price Materials Requisition Number Quantity amount Amount Date Quantity Amount price May 1 400 $5 $2,000 26 280 $7 May 4 104 450 46,800 May 10 32 190 9 May 21 112 270 31,590 May 22 b. Determine the materials inventory balance at the end of May. c. Journalize the pummary entry to transfer materials to work in process Work in Process Materials d. Comparing as reported in the materials ledger with predetermined order points would enable management to order materials before an) causes idle time. Previous Check My Work more Check My Work uses remaining