ONLY ANSWER PROBLEM NUMBER 2 PLEASE!!

Problem 1: (10 points) Methods of Estimating Costs: Engineering Estimates Debarge Homebuilders (DH) designs and constructs high-end homes on large lots owned by customers. DH has developed several formulas, which it uses to quote jobs.

These include costs for materials, labor, and other costs.

Below are the cost estimates:

Administrative costs $30,000 Building costs-per sq. ft. (basic) 100 Building costs-per sq. ft. (moderate) 165 Building costs-per sq. ft. (luxury) 250 Appliances (basic) 16,000 Appliances (moderate) 28,000 Appliances (luxury) 50.000 Utilities costs 45,000 A customer has expressed interest in having DH build a moderate, 3,200 sq. ft. home on a vacant lot. Based on the engineering estimates above, what will such a house cost to build?

Problem 2: (10 points) Basic Cost Flow Model Fill in the missing items for the following inventories;

Beginning balance $15,300 $34,600 $18,000

Ending balance 13,500 29,000 15,000

Transferred in 45,000

Transferred out 83,000. 20,000