Homework Answers
| Date | Expenditures | Months | Weighted average expenditure |
| March 1 | $2064000 | 10/12 | (2064000*10/12)= $1720000 |
| June 1 | $1212000 | 7/12 | (1212000*7/12= 707000 |
| Dec 31 | $3092500 | 0 | 0 |
| Weighted average accumulated expenditure | $2427000 | ||
Weighted average accumulated expenditure= $2427000
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Brief Exercise 10-2 Bramble Company is constructing a building Construction began on February 1 and was...
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Brief Exercise 10-2 Your answer is incorrect. Try again. Pina Company is constructing a building. Construction...
Brief Exercise 10-2
Your answer is incorrect. Try again.
Pina Company is constructing a building. Construction began on
February 1 and was completed on December 31. Expenditures were
$2,052,000 on March 1, $1,200,000 on June 1, and $3,072,650 on
December 31. Compute Pina’s weighted-average accumulated
expenditures for interest capitalization purposes.
Weighted-Average Accumulated Expenditures
$
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Brief Exercise 10-2
Your answer is incorrect. Try again.
Pina Company is constructing a building. Construction began on
February 1 and was completed on December 31. Expenditures were
$2,052,000 on March 1, $1,200,000 on June 1, and $3,072,650 on
December 31. Compute Pina’s weighted-average accumulated
expenditures for interest capitalization purposes.
Weighted-Average Accumulated Expenditures
$
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