C D Function: SUM; Formula: Subtract; Cell Referencing BE11.2-Using Excel to Verify Physical Units Using FIFO Process Costing PROBLEM Huuliver Corp. uses the FIFO processing costing method. All direct materials resources are added at the beginning of the process. Huuliver Corporation provided the gallons and percentages complete during the month of June that are presented here. Gallons in process at June 1 Gallons in process at June 30 New gallons started in June) 1,100 2,000 19,900 19,000 Student Work Area 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 Huuliver Corp. using the FIFO method. Physical Units Gallons completed during June Conversion costs: Percent complete of gallons in process at June 11 Percent complete of gallons in process at June 30 80% 10%