Question: Kaye Hall Corp is adding a wing to its main exhibition hall and incurs costs evenly over a three year period from 1/1/20 to 12/31/22

Kaye Hall Corp is adding a wing to its main exhibition hall and incurs costs evenly over a three year period from 1/1/20 to 12/31/22 as follows; 2020 $200,000; 2021 $700,000; 2022 $400,000. What are the Weighted Average Costs for year 2022? Hint: Do not add capitalized interest from 2020 and 2021 to beginning costs of 2022.

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