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During self-construction of an asset by Crane Company, the following were among the costs incurred: $950000 Fixed overhead for the year Portion of $950000 fixed

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During self-construction of an asset by Crane Company, the following were among the costs incurred: $950000 Fixed overhead for the year Portion of $950000 fixed overhead that would be allocated to asset if it were normal production Variable overhead attributable to self-construction 75000 45000 What amount of overhead should be included in the cost of the self-constructed asset? $-0- $75000 $120000 $45000

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