Homework Answers
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 |
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