Given the quantity of DM added in June, Novak Corporation determined there were still 3,800 gallons of cleaning solution in process at the end of the month; these units were 80% complete for conversion costs. During June, Novak began work on 21,200 new gallons. The company finished production of 18,500 gallons in June. At the beginning of June, there were 1,100 gallons in process, 10% complete for conversion costs. All DM resources are added at the beginning of the process. Complete Step 1 of the process costing template for Novak Corp. using the FIFO method. STEP 1 Verify Physical Units in Period and Identify Degree of Completion Physical Units Units in Beginning WIP Inventory Units Started this Period Units Completed and Removed from WIP Inventory this Period Units in Ending WIP Inventory 1100 21200 18500 3800 Degree of Con DM 100 % 100 % DM Degree of Completion Conversion Costs 100 % do 100 % do 10 % 80 60 % Verify Physical Units in Period and Identify Degree of Completion Units in Beginning WIP Inventory Total Units Accounted for Total Units to Account for Units Completed and Removed from WIP Inventory this Period Units in Beginning WIP Inventory Units in Ending WIP Inventory Units Started this Period