Using the following data, compute the total cost of a self-constructed office building.Percentage of overhead attributable to construction of office building . . . . 25%Direct materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,870,000Capitalized interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 190,000Direct labor. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . 905,000Total overhead incurred during year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,630,000View Solution:
Using the following data compute the total cost of a



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