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Coronado Industries considers machine hours to be the best activity base for allocating its manufacturing overhead. At the beginning of the current period, the

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Coronado Industries considers machine hours to be the best activity base for allocating its manufacturing overhead. At the beginning of the current period, the company estimated annual overhead costs totaling $2785000. The company used 1000 hours of processing on Job No. B12 during the period and incurred manufacturing overhead costs totaling $2660000. The estimated machine hours for the year totaled 10000. How much overhead should be applied to Job No. B12? O $2785 O $266000 O $2660 O $278500

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