st of Materials Issuances Under the FIFO Method. incomplete subsidiary ledger of materials inventory for May is as follows: Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. Received Issued Balance Receiving Report Number Quantity Unit Price Materials Requisition Number Unit Quantity Amount Date Quantity Amount price 40 130 $32.00 May 1 285 $30.00 $8,550 May 4 91 365 May 10 44 110 38.00 May 21 97 100 Determine the materials inventory balance at the end of May, May 27 00000