Homework Answers
Calculate weighted average accumulated expenditure
| Expenditure | weighted average expenditure | ||
| Jan 2 | 609000 | 609000*21/12 | 1065750 |
| Sep 1 | 1812000 | 1812000*13/12 | 1963000 |
| Dec 31 | 1812000 | 1812000*9/12 | 1359000 |
| Mar 31 | 1812000 | 1812000*6/12 | 906000 |
| Sep 30 | 1198000 | 1198000*0/12 | 0 |
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On January 2, 2020, Bonita Industries began construction of a new citrus processing plant. The automated...
On January 2, 2020, Vaughn Manufacturing began construction of a new citrus processing plant. The automated...
On January 2, 2020, Vaughn Manufacturing began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows: January 2, 2020 $ 599000 September 1, 2020 1801200 December 31, 2020 1801200 March 31, 2021 1801200 September 30, 2021 1220000 Vaughn Manufacturing borrowed $3230000 on a construction loan at 10% interest on January 2, 2020. This loan was outstanding during the construction period. The company...
On January 2, 2020, Marigold Corp. began construction of a new citrus processing plant. The automated...
On January 2, 2020, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows: January 2, 2020 September 1, 2020 December 31, 2020 March 31, 2021 September 30, 2021 $ 592000 1806000 1806000 1806000 1219000 Marigold Corp. borrowed $3330000 on a construction loan at 10% interest on January 2, 2020. This loan was outstanding during the construction period. The company...
On January 2, 2017, Sunland Company began construction of a new citrus processing plant. The automated...
On January 2, 2017, Sunland Company began construction of a new
citrus processing plant. The automated plant was finished and ready
for use on September 30, 2018. Expenditures for the construction
were as follows:
January 2, 2017
$ 597000
September 1, 2017
1812000
December 31, 2017
1812000
March 31, 2018
1812000
September 30, 2018
1215000
Sunland Company borrowed $3370000 on a construction loan at 10%
interest on January 2, 2017. This loan was outstanding during the
construction period. The company...
On January 2, 2017, Marigold Corp. began construction of a new citrus processing plant. The automated...
On January 2, 2017, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2018. Expenditures for the construction were as follows: January 2, 2017 September 1, 2017 December 31, 2017 March 31, 2018 September 30, 2018 592000 1812000 1812000 1812000 1201000 Ma gold Corp. borrowed $3280000 on a construction loan at 12% interest on an a y 2 2017. This loan was outstanding during bonds outstanding in...
On January 1, 2021, Jenner Inc. began construction of an automated cattle feeder system. The system...
On January 1, 2021, Jenner Inc. began construction of an automated cattle feeder system. The system was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 $ 235,000 September 1, 2021 $ 342,000 December 31, 2021 $ 342,000 March 31, 2022 $ 342,000 September 30, 2022 $ 235,000 Jenner borrowed $764,000 on a construction loan at 7% interest on January 1, 2021. This loan was outstanding throughout the construction period....
Please show how to get the answer as well! On January 2, 2017, Oriole Company began...
Please show how to get the answer as well!
On January 2, 2017, Oriole Company began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2018. Expenditures for the construction were as follows: January 2, 2017 September 1, 2017 December 31, 2017 March 31, 2018 September 30, 2018 603000 1810800 1810800 1810800 1218000 Oriole Company borrowed $3300000 on a construction loan at 10% nterest on January 2. 2017. This loan...
J pour Save Answer On January 1, 2021 Kendall Inc began construction of an automated cattle...
J pour Save Answer On January 1, 2021 Kendall Inc began construction of an automated cattle feeder system. The system was finished and ready for use on September 30, 2022 Expenditures on the project were as follows: January 1, 2021 270.000 September 1, 2021 384 000 December 31, 2021 384 000 March 31 2022 334000 September 30, 2022 270.000 Kendall borrowed $778,000 on a construction loan at 8% Interest on January 1, 2021 This loan was outstanding throughout the construction...
On January 2, 2019, Siloam Farms Inc. began construction of an automated Cattle Feeder System. The...
On January 2, 2019, Siloam Farms Inc. began construction of an automated Cattle Feeder System. The system was finished and ready for use on September 30, 2020. Expenditures on the project were as follows: January 2, 2019 $750,000 July 1, 2019 $600,000 December 31, 2019 $450,000 March 31, 2020 $450,000 September 30, 2020 $300,000 The company borrowed $900,000 on a construction loan at 10% interest on January 2, 2019. In addition, the company had $400,000 in 12% bonds and $800,000 in 7.5% bonds outstanding...
Bonita Industries is constructing a building. Construction began on January 1 and was completed on December...
Bonita Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $6440000 on March 1, $5260000 on June 1, and $8850000 on December 31. Bonita Industries borrowed $3190000 on January 1 on a 5-year, 11% note to help finance construction of the building. In addition, the company had outstanding all year a 9%, 3-year, $6440000 note payable and an 10%, 4-year, $12650000 note payable. What are the weighted-average accumulated expenditures? $11700000 $9860000...
Question 15 (1 point) On January 1, 2018, Kendall Inc, began construction of an automated cattle...
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...
On January 2, 2020, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows: January 2, 2020 September 1, 2020 December 31, 2020 March 31, 2021 September 30, 2021 $ 592000 1806000 1806000 1806000 1219000 Marigold Corp. borrowed $3330000 on a construction loan at 10% interest on January 2, 2020. This loan was outstanding during the construction period. The company...
On January 2, 2017, Sunland Company began construction of a new
citrus processing plant. The automated plant was finished and ready
for use on September 30, 2018. Expenditures for the construction
were as follows:
January 2, 2017
$ 597000
September 1, 2017
1812000
December 31, 2017
1812000
March 31, 2018
1812000
September 30, 2018
1215000
Sunland Company borrowed $3370000 on a construction loan at 10%
interest on January 2, 2017. This loan was outstanding during the
construction period. The company...
On January 2, 2017, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2018. Expenditures for the construction were as follows: January 2, 2017 September 1, 2017 December 31, 2017 March 31, 2018 September 30, 2018 592000 1812000 1812000 1812000 1201000 Ma gold Corp. borrowed $3280000 on a construction loan at 12% interest on an a y 2 2017. This loan was outstanding during bonds outstanding in...
Please show how to get the answer as well!
On January 2, 2017, Oriole Company began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2018. Expenditures for the construction were as follows: January 2, 2017 September 1, 2017 December 31, 2017 March 31, 2018 September 30, 2018 603000 1810800 1810800 1810800 1218000 Oriole Company borrowed $3300000 on a construction loan at 10% nterest on January 2. 2017. This loan...
J pour Save Answer On January 1, 2021 Kendall Inc began construction of an automated cattle feeder system. The system was finished and ready for use on September 30, 2022 Expenditures on the project were as follows: January 1, 2021 270.000 September 1, 2021 384 000 December 31, 2021 384 000 March 31 2022 334000 September 30, 2022 270.000 Kendall borrowed $778,000 on a construction loan at 8% Interest on January 1, 2021 This loan was outstanding throughout the construction...
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...
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