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How much is the total cost of the building

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Problem 1: BTS Inc began self-construction of a building. Total expenditures to date amounted to P15,000,000 while calculated average expenditures amounted to P7,500,000. Total borrowing costs amounted to P1,740,000, P940,000 of which is capitalized. How much is the total cost of the building?

Reference no: EM132999072

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