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DanielleElmas [232]
3 years ago
10

Sandhill Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer

e $1,884,000 on March 1, $1,284,000 on June 1, and $3,082,450 on December 31. Compute Sandhill’s weighted-average accumulated expenditures for interest capitalization purposes.
Business
1 answer:
Alla [95]3 years ago
8 0

Answer:

$2,319,000

Explanation:

Amount

March1 $1,884,000

June 1 $1,284,000

Dec 31 $3,082,450

Capitalization period

March1

10/12×$1,884,000 =$1,570,000

June 1

7/12 $1,284,000=$749,000

Dec 31

0

Weighted Average Accumulated expenditure

March 1 $1,570,000

June1 $749,000

Dec 31 $0

Total $2,319,000

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1-a. What is the net present value of this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s)
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Answer:

Explanation:

The question is incomplete, please refer the complete question below:

Peng Company is considering an investment expected to generatean average net income after taxes of $3,400 for three years. Theinvestment costs $50,400 and has an estimated $10,200 salvagevalue.

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3 years ago
Carter Co. sells two products, Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data
natta225 [31]

Answer:

Variable cost per unit = $64 per unit

so correct option is b. $64

Explanation:

given data

sold Arks = 14,000 units

sold Bins = 56,000 units

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Arks               $120                                $80                              $40

Bins                   80                                   60                                20

to find out

Carter Co.'s variable cost

solution

we get here Variable cost per unit find as

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