contestada

Messersmith Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Messersmith made payments to the construction company of $3000000 on 7/1, $6300000 on 9/1, and $6000000 on 12/31. Weighted-average accumulated expenditures were
a. $3,075,000
b. $3,600,000
c. $9.300.000
d. $15,300,000

Respuesta :

oreoluwa2001ng

Answer: D - $15,300,000

Explanation: Weighted average is the summation of all data in a data set. The weighted average accumulated expenditures is the accumulation of expenditures for the period.

7/1    $3,000,000

9/1    $6,300,000

12/31 $6,000,000

Total of all figures = $15,300,000

Otras preguntas