Calculate the Equivalent Units of Production for Balboa Company's Work In Process based on the following: facts as of December 31, 2020: Units Completed and Transferred Out 100,000 Units in Ending Work in Process $30.000 Direct Materials 100% Complete Conversion Costs 40% Complete Quarter Units Produced Total Cost 1 1.000 50.000 2 60,000 1.500 2 1.250 70.000 1.750 80.000 Use the high low method to compute the fied and variable costs for Mulligan Corp Put this information on a Job Cost Sheet, relative to the Grimsley Company. It is a client of the company you are working for: ABC Corp. If this job was promised to Grimsley for $50,000 comment on whether the firm was efficient or not Direct Materials $20,000 Direct Labor $22.000 Predetermined Overhead Rate for Allocating overhead: 25 per Direct Labor Dollar The EZ Riders Comparty makes two types of motorcyclex 1) the Dirt Bte. 2) the Street Bike: 1) Estimated Overhead Costs are as follows Indirect Materials $60,000 Indirect Labor $40,000 2) These two activity cost pools use each type of overhead cost: Assembly $65,000 - Finishing $35.000 3) The activity drivers are as follows: Assembly - Direct Labor Hours (Expected Activity Level) 1.000: Finishing Paint Cans (Expected Activity Level 500 4) The Dirt Bikes consumed 425 direct labor hours and Street Bikes consumed 625 direct labor hours 5) The Dirt Bikes used 210 paint cans and Street Bikes used 310 point cans Use activity based costing to allocate overhead to dirt bikes and street bikes