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Compute Hanson?s weighted-average accumulated expenditures for interest capitalization purposes

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Question

anson Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,800,000 on March 1, $1,200,000 on June 1, and $3,000,000 on December 31. Compute Hanson?s weighted-average accumulated expenditures for interest capitalization purposes.

 

Paper#20869 | Written in 18-Jul-2015

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