Sunland Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Sunland made payments to the construction company of $3024000 on 7/1 $6276000 on 9/1, and $5890000 on 12/31. Weighted-average accumulated expenditures were O $3081000. O $15190000. O $3604000.
Sunland Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Sunland made payments to the construction company of $3024000 on 7/1 $6276000 on 9/1, and $5890000 on 12/31. Weighted-average accumulated expenditures were O $3081000. O $15190000. O $3604000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help find weighted average accumulated expenditures amount
Transcribed Image Text:Sunland Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Sunland made payments to the construction company of $3024000 on 7/1
$6276000 on 9/1, and $5890000 on 12/31. Weighted-average accumulated expenditures were
O $3081000.
O $15190000.
O $3604000.
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