Cost of Materials Issuances Under the FIFO Method An incomplete subsidiary ledger of materials inventory for May is as f

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Cost of Materials Issuances Under the FIFO Method
An incomplete subsidiary ledger of materials inventory for Mayis as follows:
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a. Complete the materials issuances andbalances for the materials subsidiary ledger under FIFO.
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b. Determine the materials inventorybalance at the end of May.$fill in the blank 02ac5e04cff0020_1
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c. Journalize the summary entry totransfer materials to work in process.
Accounts PayableCashFactory OverheadFinished GoodsMaterialsWorkin Process
Accounts PayableCashFactory OverheadFinished GoodsMaterialsWorkin Process
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d. Comparing
quantities on handmaterials cost
as reported in the materials ledger with predeterminedorder points would enable management to order materials beforea(n)
lack of materialsexcess of materials
causes idle time.