Your Answer

Correct Answer $($Used$)$

During self$-$construction of asset by Cullumber Company, the following were among the costs incurred:

Fixed overhead for the year

$$1235000$

Portion of $$1001000$ fixed overhead that would be allocated to asset if it were normal production

$36000$

Variable overhead attributable to self$-$construction

$30200$

What amount of overhead should Cullumber include in the cost of the self$-$constructed asset?

$$-0-$

$$30200$

$$36000$

$$66200$