Justhouses Ltd is a property development company.By the beginning of this year it had already spent $600 000 on a development project and then spent a further $2 million during this year.Justhouses' total borrowing costs for this year were $250 000 on borrowings outstanding during the year of $4 000 000 and the interest rate on its latest borrowings is 10%.Justhouses should include as part of the total costs of the project for the year,borrowing costs of:

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The Answer of Justhouses Ltd is a property development company.By the beginning of this year it had already spent $600 000 on a development project and then spent a further $2 million during this year.Justhouses' total borrowing costs for this year were $250 000 on borrowings outstanding during the year of $4 000 000 and the interest rate on its latest borrowings is 10%.Justhouses should include as part of the total costs of the project for the year,borrowing costs of:

Justhouses Ltd Is a Property Development Company