Last year, the Boston warehouse actual annual cost (12 months) totaled $113000, with the first 5 months' costs at $30000.The actual cost of operation totaled $35000 this year at the end of month 5. Compute the projected total costs for the current year (at the end of month 12).
Last year, the Boston warehouse actual annual cost (12 months) totaled $113000, with the first 5 months' costs at $30000.The actual cost of operation totaled $35000 this year at the end of month 5. Compute the projected total costs for the current year (at the end of month 12).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Last year, the Boston warehouse actual annual cost (12 months) totaled $113000, with the first 5 months' costs at $30000.The actual cost of operation totaled $35000 this year at the end of month 5.
Compute the projected total costs for the current year (at the end of month 12). Round your answer to the nearest dollar, if applicable.
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