Question: ='_.-7 BE11.2 ~ Using Excel to Verify Physical Units Using FIFO Process Costing 2 3 A PROBLEM 5 lHuuiIverOorp. uses the FIFO processing costing method.

='_.-7 BE11.2 ~ Using Excel to Verify Physical Units Using FIFO Process Costing 2 3 A PROBLEM 5 lHuuiIverOorp. uses the FIFO processing costing method. All direct materials 6 iresources are added at the beginning of the process. Huullver Corporation provided 7 8 9 the gallons and percentages complete during the month of June that are presented . =here. 10 ' Gallons In process at June 1 1,100 11 Gallons in process at June 30 2,000 12 New gallons started in June 19,900 1.3 r Gallons completed during June 19,000 14 15 Conversion costs: 16 Percent complete of gallons In process at June 1 80% 17 Percent complete of gallons in process at June 30 10% 18 19 20 ' 21 Required: Provide input into cells shaded in yellow in this template. input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. Complete Step 1 of the process costing template for Huuiiver Corp. using the FIFO method. Physical Units (\"'1

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