When computing the amount of interest cost to be capitalized, the concept of avoidable interest' refers to
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When computing the amount of interest cost to be capitalized, the concept of avoidable interest' refers to a. the total interest cost actually incurred b. a cost of capital charge for stockholders equity c, that portion of total interest cost which would not have been incurred if expenditures for asset construction had rot been made d. that portion of average accumulated expenditures on which no interest cost was incurred riod of time during which interest must be capitalized ends when The per a. the asset is substantially complete and ready for its intended use b, no further interest cost is being incurred c, the asset is abandoned, sold, or fully depreciated d. the activities that are necessary to get the asset ready for its intended use have begun. What is consigned inventory?
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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