Question 13 of 37 K - 1 1.5 View Policies Current Attempt in Progress Crane Company thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1050000. The company used 1000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $1100000. The budgeted machine hours for the year totaled 20000. How much overhead should be applied to Job No. B12? O $55000 O $1050 O $52500 O $1100 Save for Later Attempts: 0 of 1 used Submit