Question
Creon Corp. is constructing an asset for its own use during the second quarter of a calendar year. The following qualifying expenditures related to the
Creon Corp. is constructing an asset for its own use during the second quarter of a calendar year. The following qualifying expenditures related to the asset were made during the year: $60,000 on April 1, $90,000 on June 1, and $100,000 uniformly during the period. The average amount of accumulated expenditures for this quarterly accounting period was Answers: A. $250,000 B. $190,000 C. $140,000 D. $130,000
THE ANSWER IS 140.000 BUT I DON UNDERSTAND WHY $100,000 uniformly during the period = 50.000. 100000(1/2)
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428469, 013342846X, 133428370, 978-0133428377
