Carried interest is the annual fee charged by a venture capital fund's management to cover operating expenses of the fund (e. g., salaries, travel expenses to survey investment candidates, etc. It can range as high as 20% the funds in the VC pool. A. True
B. False

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $