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 $3 on 7/1, $63 on 9/1, and $6 on 12/31. weighted-average accumulated expenditures were
a. $3,075,000
b. $3,600,000
c. $9.300.000
d. $15,300,000

D - $15,300,000

Explanation: Weighted average is the summation of all data in a data set. The weighted average accumulated expenditures is the accumulation of expenditures for the period.

7/1    $3,000,000

9/1    $6,300,000

12/31 $6,000,000

Total of all figures = $15,300,000

Explanation:

Opportunity cost is an economics tool that is useful in the process of making a choice of goods and services in order to ensure that scarce resources are used efficiently.

The opportunity cost of a product or service is the name given to an income that could be earned when such product or service is put to an alternative use.

It can also be described as the cost of the alternative forgone to achieve a particular product or service

For an example , if a student decides to give up on watching a movie to study for his exam , the opportunity cost of the exam is the cost and pleasure related to the movie