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Compute metlock weighted-average accumulated expenditures

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Question - Metlock Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,932,000 on March 1, $1,212,000 on June 1, and $3,081,610 on December 31. Compute Metlock's weighted-average accumulated expenditures for interest capitalization purposes.

Reference no: EM133086075

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