Question

3 PM / Remaining: 44 min. CALCULATOR FULL SCREEN PRİNTER VERSION 'BACK Question 10 On March 1, Mocl Co. began March 1 $227,760 construction of a small building. The following expenditures were incurred for construction April 1 221,400 May 1 530,640 June 1810,240 uly 1 The building was completed and occupied on July 1. To help pay for construction $147,360 was borrowed on March 1 289,320 a 12% three-year note payable. The only other debt outstanding during the year was a $2,000,000, 10% note issued two years ago. Calculate the weighted-average accumulated expenditures. (Do not leave any answer field blank. Enter 0 for amounts.) Weighted-Average Date Expenditures Capitalization Period Accumulated Expenditure March 1 $227,760 221,400 530,640 810,240 1289,320 April 1 May 1 une 1 1/12 o 3/12 2/12 4/12 ights Reserved. A Divison ofata winasmJs ersion 4.24.12.3 DOLL

Answer 1

Calculation of the weighted average accumulated expenditures
Date	Expenditures	Capitalization period	weighted average acc exp
Mar-01	227760	4/12	75920
Apr-01	221400	3/12	55350
May-01	530640	2/12	88440
Jun-01	810240	1/12	67520
Jul-01	289320	00/12	0
Weighted average accumulated exp			287230