please can u do this assignment?

please can u do this assignment?

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Cost Management
Assignment #2
30% of Final Grade
Chapters 6, 7 & 8
This Assignment has 6 Questions. Answer all questions using Microsoft Word.
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For the true false and multiple choice questions, list in column format, the
number of the question followed by the one best answer. No marks
awarded for explanation or calculations for true and false or the
multiple choice questions.
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Question #1 — ACTIVITY-BASED COSTING (20 marks)
Markham Inc. designs and builds custom windows for luxury homes. Most of the
windows are custom made but occasionally the company does mass production on
order.
Its budgeted manufacturing overhead costs for the year 2006 are as follows:
Overhead Cost Pools
Amount
Purchasing
$
180,000
Production (cutting, milling, finishing)
400,000
Setting up machines
135,000
Inspecting
160,000
Utilities
300,000
Total budget overhead costs
$1,175,000
For the last three years, the company has been charging overhead to products on the
basis of machine hours.
For the year 2006, 100,000 machine hours are budgeted.
Tommy Barry, owner-manager of Markham Inc. recently directed her accountant to
implement the activity-based costing system she has repeatedly proposed. At Tommy’s
request, the accountant and production foreman identify the following cost drivers and
their usage for the previously budgeted overhead cost pools.
Total
Overhead Cost Pools
Activity Cost Drivers
Drivers
Purchasing
Number of orders
500
Production (cutting, milling, finishing)
Direct labour hours
80,000
Setting up machines
Number of setups
1,000
Inspecting
Number of inspections
5,000
Utilities
Square metres occupied
75,000
During this month, the company received an order for 50 window sets from a housing
development contractor. The accountant prepares cost estimates for producing
components for 50 window sets so Tommy can submit a contract price per window set to
the contractor. The following data for the production of 50 window sets is accumulated:
Direct materials
$120,000
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