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

Oriole, 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 $2950000. The company used 1000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $2910000. The budgeted machine hours for the year totaled 20000. How much overhea should be applied to Job No. B12?
$2950
$2910
$147500
$145500
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