The balance of Material Q on May 1 and the receipts and issuances during May are as follows:? $\begin{array}{lr}
\text { Balance, May } 1 & 8 \text { at } \$ 32 \
\text { Received, May } 11 & 23 \text { at } \$ 33 \
\text { Received, May } 25 & 15 \text { at } \$ 35\\\text { Issued, May } 17 & 14 \
\text { Issued, May } 27 & 18
\end{array}$ Determine the cost of each of the issuances under a perpetual system, using the FIFO method.

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The Answer of The balance of Material Q on May 1 and the receipts and issuances during May are as follows:? $\begin{array}{lr}
\text { Balance, May } 1 & 8 \text { at } \$ 32 \
\text { Received, May } 11 & 23 \text { at } \$ 33 \
\text { Received, May } 25 & 15 \text { at } \$ 35\\\text { Issued, May } 17 & 14 \
\text { Issued, May } 27 & 18
\end{array}$ Determine the cost of each of the issuances under a perpetual system, using the FIFO method.

The Balance of Material Q on May 1 and the Receipts