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Crane, Inc. considers machine hours to be the best activity base for applying its manufacturing overhead. In the current period, the estimate of annual overhead

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Crane, Inc. considers machine hours to be the best activity base for applying its manufacturing overhead. In the current period, the estimate of annual overhead costs for its jobs was $2390000. The company used 1000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $2400000. The budgeted machine hours for the year totaled 10000 . How much overhead should be applied to Job No. B12? $239000$2400$2390$240000

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