At the beginning of the year, Cranford Company estimates annual overhead costs to be $2,400,000 and that 300,000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 275,000 hours is 2,200,000 0 1,680,000 2,400,000 2,618,182 Question 3 (1 point) Listen One of Davis Company's activity cost pools is inspecting, with estimated overhead of $110,000. Davis produces throw rugs (700 inspections) and area rugs (1300 inspections). How much of the inspecting cost pool should be assigned to throw rugs? $55,000 $38,500 $110,000 $59,231