Messersmith Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Messersmith made payments to the construction company of $3000000 on 7/1, $6300000 on 9/1, and $6000000 on 12/31. Weighted-average accumulated expenditures were
a. $3,075,000
b. $3,600,000
c. $9.300.000
d. $15,300,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Messersmith Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Messersmith made ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Explain how a company can fail when the safeguards that should be in place fail.
No Answers
Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on a population percentage basis, exceeds any nation in the West. A. True B. False
Answers (1)
Management's handling of the strategy implementation/execution process can be considered successful (A) When the internal organization develops 2 or more core competencies in performing value chain activities (B) If and when the company meets or
Answers (1)
The producer price index is based on prices paid for supplies and inputs by:
Answers (1)
What should a food worker do to prevent a physical hazard from making food unsafe to eat?
Answers (1)
New Questions in Business
At the end of the fiscal year, an adjusting entry is made that increases salaries payable and salaries expense. this entry is an application of which accounting principle?
Answers (1)
The town of Gracie has established a permanent fund to account for numerous significant gifts intended to maintain a cemetery in perpetuity. Investment earnings from the permanent fund have been more than enough to maintain the cemetery.
Answers (1)
All of the following statements are true, except:a. A firm can make money from inflation by paying bills and wages as late as possible so that it can pay in inflated dollars, while collecting revenues as soon as possible. b.
Answers (1)
Justin's Electronics, Inc., in Nashville, produces short runs of custom airwave scanners for the defense industry. You have been asked by the owner, Janet , to reduce inventory by introducing a kanban system.
Answers (1)
A grocery store is trying to find a new vendor for carrots. Its three criteria are: 1. Freshness, 2. Lot Size, and 3. Cost, with factor weights of. 6,.1, and. 3, respectively.
Answers (1)