On december 31, 2019, main inc. borrowed $3,000,000 at 12% payable annually to finance the construction of a new building. in 2020, the company made the following expenditures related to this building: march 1, $360,000; june 1, $600,000; july 1, $1,500,000; december 1, $1,500,000. the building was completed in february 2021. additional information is provided as follows.
1. other debt outstanding
10-year, 13% bond, december 31, 2013, interest payable annually $4,000,000
6-year, 10% note, dated december 31, 2017, interest payable annually $1,600,000
2. march 1, 2020, expenditure included land costs of $150,000
3. interest revenue earned in 2020 $49,000

determine the amount of interest to be capitalized in 2020 in relation to the construction of the building.
the amount of interest $

Acompany has two products: standard and deluxe. the company expects to produce 36,375 standard units and 62,240 deluxe units. it uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. budgeted activity of cost driver activity cost pool budgeted cost standard deluxe activity 1 $ 93,000 2,500 5,250 activity 2 $ 92,000 4,500 5,500 activity 3 $ 87,000 3,000 2,800 what is the overhead cost per unit for the standard units? what is the overhead cost per unit for the deluxe units? (round activity rate and cost per unit answers to 2 decimal places.)activity expected costs expected activity driver activity rate1 93,000 2 92,000 3 87,000 standard activity activity driver activity rate allocated costs1 2 3