z 4 Summer 2018 Section 01 Help Save Exit Submit April 1

??? z # 4 . Summer 2018 . Section 01() Help Save& Exit Submit April 1, 2018 June 1, 2018 $45e,ee0 200,000 488,888 18 Novtnber , 2018900 November 38, 2018 Kitty\'s cumulative weighted average expenditures on this project would be nts Multiple Choice $287,500 $500,000 $508.333 $595,833 Next K Prev 18 of 38

Solution

The correct answer is $ 595,833

Weighted average accumulated expenditure = 0.75 * $ 450,000 + 0.5833 * $ 200,000 + 0.333 * $ 400,000 + 0.0833 * $ 100,000

Weighted average accumulated expenditure = $ 595,833

Expenditures	Position of year outstanding	Weighted average accumulated expenditure
April 1,2018	$450,000	0.75	$337,500
June 1,2018	$200,000	0.583333333	$116,667
September 1,2018	$400,000	0.333333333	$133,333
November 30,2018	$100,000	0.083333333	$8,333