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Multiple Choice Question 74 On May 1, 2017, Bonita Industries began construction of a building....

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Accounting

Multiple Choice Question 74 On May 1, 2017, Bonita Industries began construction of a building. Expenditures of $615600 were incurred monthly for 5 months beginning on May 1. The building was completed and ready for occupancy on September 1, 2017. For the purpose of determining the amount of interest cost to be capitalized, the weighted-average accumulated expenditures on the building during 2017 were

A$615600.

B$2462400.

C$3078000.

D$513000.

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