ork Question 1 of 4 -/1 E View Policies Current Attempt in Progress Marigold Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $3.420,000 on March 1, $2,280,000 on June 1, and $5,700,000 on December 31. Marigold Company borrowed $1,900,000 on March 1 on a 5-year, 10% note to help finance construction of the building. In addition, the company had outstanding all year a 12%, 5-year, $3,800,000 note payable and an 11%, 4-year, $6,650,000 note payable. Compute avoidable interest for Marigold Company. Use the weighted average interest rate for interest capitalization purposes. (Round "Weighted average interest rate" to 4 decimal places, eg. 0.2152 and final answer to decimal places, eg. 5,275.) Avoidable interest $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer blog Sign in - Apple True Blood Seaso Take a Test - Moh Question 2 of 4 0/1.25 Show Attempt History Current Attempt in Progress * Your answer is incorrect. Skysong Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost 270 April 1 inventory April 15 purchase April 23 purchase 410 $16 19 21 Total Cost $ 4,320 7.790 6,720 $18,830 320 1,000 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ -6.790 Cost of goods sold $ -12.040 e Textbook and Media Save for later Attempts: 2 of 3 used Submit