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Calculate the weighted-average accumulated expenditures

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Question - On April 1, Paine Co. began construction of a small building. Payments of $230,040 were made monthly for four months beginning on April 1. The building was completed and ready for occupancy on August 1. For the purpose of determining the amount of interest cost to be capitalized, how do calculate the weighted-average accumulated expenditures on the building by completing the schedule below: Date Expenditures Capitalization Period Weighted-Average Acc. Expenditures.

Reference no: EM132571889

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