Suppose that Schwab Coroporation incurs costs evenly in the construction of their new wrestling room. It takes three years to complete this state of the art facility. Costs incurred beginning January 1, 2020 and ending December 31, 2022 as follows: 2020: $35,000 2021 $143,000 2022 $56,000 What are the Weighted Average Costs for 2022?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Suppose that Schwab Coroporation incurs costs evenly in the construction of their new wrestling room. It takes three years to complete this state of the art facility. Costs incurred beginning January 1, 2020 and ending December 31, 2022 as follows:

2020: $35,000

2021 $143,000

2022 $56,000

What are the Weighted Average Costs for 2022?

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