The company constructed its own warehouse. The cost of materials was $500,000. Labour cost incurred on the construction project was $700,000. Total overhead cost for the company for the year was $9,000,000; total labour cost (including the cost of construction) $5,000,000. Interest incurred to finance the construction cost was $160,000. Compute the total cost of the warehouse. was
The company constructed its own warehouse. The cost of materials was $500,000. Labour cost incurred on the construction project was $700,000. Total overhead cost for the company for the year was $9,000,000; total labour cost (including the cost of construction) $5,000,000. Interest incurred to finance the construction cost was $160,000. Compute the total cost of the warehouse. was
Related questions
Question
100%
Compute the total cost of the warehouse

Transcribed Image Text:The company constructed its own warehouse. The
cost of materials was $500,000. Labour cost
incurred on the construction project was
$700,000. Total overhead cost for the company
for the year was $9,000,000; total labour cost
(including the cost of construction)
$5,000,000. Interest incurred to finance the
construction cost was $160,000.
Compute the total cost of the warehouse.
was
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
