Compute orioles weighted-average accumulated expenditures


Oriole Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,860,000 on March 1, $1,260,000 on June 1, and $3,080,650 on December 31. Compute Oriole's weighted-average accumulated expenditures for interest capitalization purposes.

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Accounting Basics: Compute orioles weighted-average accumulated expenditures
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