Matrix inc. borrowed $1,000,000 at 8% to finance the construction of a new building for its own use. construction began on january 1, 2016 and was completed on october 31, 2016. expenditures related to this building were: january 1$252,000 (includes cost of purchasing land of $150,000) may 1310,000 july 1420,000 october 31276,000 in addition, matrix had additional debt (unrelated to the construction) of $500,000 at 9% and $800,000 at 10%. all debt was outstanding for the entire year. required: 1. compute the amount of interest capitalized, related to the construction of the building. 2. if the expenditures are assumed to have been incurred evenly throughout the year, compute the weighted average accumulated expenditures.

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.