28. On March 1 Imhoff Co. began construction of a small building. Payments of 180,000 were scheduled monthly for four months beginning March 1. The building was completed and ready for occupancy on June 1. In determining the amount of interest cost to be capitalized, the weighted-average accumulated expenditures are:
A. 90,000.B. 180,000. C. 360,000.D. 720,000.
The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.
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