Average accumulated expenditure for 2018:-
Date |
Period |
Expenditure |
Average Expenditure |
Jan1 2018 |
12 month |
$300000 |
($300000 * 12/12) =$300000 |
Sep 1 2018 |
4 month |
$450000 |
($450000 * 4/12) =$150000 |
Dec 31 2018 |
0 month |
$450000 |
$0 |
$450000 |
Question 10 (1 point) On January 1, 2018, Dreamworld Co. began construction of a new warehouse....
On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 $300,000 September 1, 2016 $450,000 December 31, 2016 $450,000 March 31, 2017 $450,000 September 30, 2017 $300,000 Dreamworld had $5,000,000 in 12% bonds outstanding through both years. Dreamworld's average accumulated expenditures for 2016 was: a. $300,000 b. $450,000 c. $525,000 d. $600,000
On January 1, 2018, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2019. Expenditures on the project were as follows: January 1, 2018 $ 311,000 September 1, 2018 $ 453,000 December 31, 2018 $ 453,000 March 31, 2019 $ 453,000 September 30, 2019 $ 311,000 Dreamworld had $5,100,000 in 10% bonds outstanding through both years. Dreamworld's average accumulated expenditures for 2018 was: Multiple Choice $622,000. $539,750. $462,000. $311,000.
Question 11 (1 point) On January 1, 2018, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2019. Expenditures on the project were as follows: January 1, 2018 $300,000 September 1, 2018 $450,000 December 31, 2018 $450,000 March 31, 2019 $450,000 September 30, 2019 $300,000 Dreamworld had $5,000,000 in 12% bonds outstanding through both years. The average accumulated expenditures for 2019 by the end of the construction period was: $1,950,000...
On January 1, 2018, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2019. Expenditures on the project were as follows: January 1, 2018 $ 316,000 September 1, 2018 $ 462,000 December 31, 2018 $ 462,000 March 31, 2019 $ 462,000 September 30, 2019 $ 316,000 Dreamworld had $5,400,000 in 14% bonds outstanding through both years. The average accumulated expenditures for 2019 by the end of the construction period was:
Question 9 (1 point) On January 1, 2018, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2019. Expenditures on the project were as follows: January 1, 2018 $300,000 September 1, 2018 $450,000 December 31, 2013 $450,000 March 31, 2019 $450,000 September 30, 2019 $300,000 Dreamworld had $5,000,000 in 12% bonds outstanding through both years. The average accumulated expenditures for 2019 by the end of the construction period was: $1,950,000....
On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 $320,000 September 1, 2016 $480,000 December 31, 2016 $480,000 March 31, 2017 $480,000 September 30, 2017 $320,000 Dreamworld had $6,000,000 in 14% bonds outstanding through both years. Dreamworld's capitalized interest in 2016 was: Multiple Choice $44,800. $67,200. $78,400. $89,600.
5 points Save Ang On January 1, 2021, Dreamworld Co began construction of a new warehouse. The building was finished and ready for use on September 30, 2022 Expenditures on the project were as follows January 1, 2021 $ 308 000 September 1, 2021 $ 456.000 December 31, 2021 $ 456 000 March 31, 2022 $ 456.000 September 30, 2022 $ 308,000 Dreamworld had 55 200,000 in 12% bonds outstanding through both years What was the final cost of Dreamworld's...
On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. Expenditures on the project were as follows: January 1, 2016 $316,000 September 1, 2016 $462,000 December 31, 2016 $462,000 March 31, 2017 $462,000 September 30, 2017 $316,000 Dreamworld had $5,400,000 in 14% bonds outstanding through both years. Dreamworld's capitalized interest in 2016 was: 2) -------------------------------------------------------------------------------------------- Data related to the inventories of Alpine Ski...
8. Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and $100,000, respectively. Assuming that the exchange has commercial substance, record the transaction: 9. On January 1, 2018, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2019. Expenditures on the project were as follows: January 1, 2018 September 1, 2018 December 31, 2018 March 31,...
Question 15 (1 point) On January 1, 2018, Kendall Inc, began construction of an automated cattle feeder system. The system was finished and ready for use on September 30, 2019. Expenditures on the project were as follows: January 1, 2018 $200,000 September 1, 2018 $300,000 December 31, 2018 $300,000 March 31, 2019 $300,000 September 30, 2019 $200,000 Kendall borrowed $750,000 on a construction loan at 12% interest on January 1. 2018. This loan was outstanding throughout the construction period. The...