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Cullumber Company is constructing a building. Construction began on February 1 and was completed on December 31 . Expenditures were $1,848,000 on March 1, $1,248,000
Cullumber Company is constructing a building. Construction began on February 1 and was completed on December 31 . Expenditures were $1,848,000 on March 1, $1,248,000 on June 1, and $3,085,270 on December 31. Compute Cullumber's weighted-average accumulated expenditures for interest capitalization purposes. Weighted-Average Accumulated Expenditures $
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