IceCo allocates manufacturing overhead based on machine hours. They have budgeted 10,000 machine hours and $90,000 of manufacturing overhead costs. 2-54 Actual machine hours for the year were 12,000 hours, and lceCo incurred actual manufacturing overhead of $85,000 How much manufacturing overhead would IceCo allocate to inventory? A. $85,000 B. $90,000 C. $108,000 D. $220,000