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 Quantity Unit Price   Materials Requisition Number Quantity Amount   Date Quantity Unit price Amount                 May 1 360 $6 $2,160 21 250 $8           May 4 fill in the blank 77c1e905afbc076_1 fill in the blank 77c1e905afbc076_2 fill in the blank 77c1e905afbc076_3                   fill in the blank 77c1e905afbc076_4 fill in the blank 77c1e905afbc076_5 fill in the blank 77c1e905afbc076_6         102 410 $fill in the blank 77c1e905afbc076_7   May 10 fill in the blank 77c1e905afbc076_8 fill in the blank 77c1e905afbc076_9 fill in the blank 77c1e905afbc076_10 27 170 10           May 21 fill in the blank 77c1e905afbc076_11 fill in the blank 77c1e905afbc076_12 fill in the blank 77c1e905afbc076_13                   fill in the blank 77c1e905afbc076_14 fill in the blank 77c1e905afbc076_15 fill in the blank 77c1e905afbc076_16         115 240 fill in the blank 77c1e905afbc076_17   May 27 fill in the blank 77c1e905afbc076_18 fill in the blank 77c1e905afbc076_19 fill in the blank 77c1e905afbc076_20     Feedback   b.  Determine the materials inventory balance at the end of May. $fill in the blank c0a84bfa6fe2fb0_1     Feedback   c.  Journalize the summary entry to transfer materials to work in process. If an amount box does not require an entry, leave it blank.     - Select - - Select -     - Select - - Select -

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