At the beginning of the year, Nee Boon Company estimated the following: Overhead Machine hours Direct labour hours $400,000 40,000 20,000 Nee Boon Company used normal costing and applies overhead on the basis of machine hours. For the month of September, machine hours equaled 5,000 and actual overhead equaled $43,000. Calculate the overhead applied to production in September. 1) $56,700 2) $36,000 3) $43,000 4) $50,000