Calculating Weighted Average Accumulated Expenditures Jolie Company made the following cash expenditures this year on a...
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Calculating Weighted Average Accumulated Expenditures Jolie Company made the following cash expenditures this year on a self-constructed building with work starting January 2. Date Amount Jan. 2 $40,000 Sep.1 60,000 Dec.1 120,000 The building is still under construction at year-end. Compute the weighted average accumulated expenditures for the purpose of capitalizing interest. Weighted average accumulated expenditures $ 0 Calculating Weighted Average Accumulated Expenditures Jolie Company made the following cash expenditures this year on a self-constructed building with work starting January 2. Date Amount Jan. 2 $40,000 Sep.1 60,000 Dec.1 120,000 The building is still under construction at year-end. Compute the weighted average accumulated expenditures for the purpose of capitalizing interest. Weighted average accumulated expenditures $ 0
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