on 22 red Zanone, Inc. uses machine hours as the activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $2,050,000. The company used 1,000 hours of processing on Job No. 001 during the period and incurred overhead costs totaling $2,100,000. The budgeted machine hours for the year totaled 20,000. Calculate the amount of overhead to be applied to Job No. 001. d out of on Select one: O a. $2,100 Ob. $2,050 O c. $102,500 Od $105,000