View Policies Current Attempt in Progress Waterway, Inc. considers machine hours to be the best activity base for applying its manufacturing overhead. In the current period, estimate of annual overhead costs for its jobs was $2850000. The company used 1000 hours of processing on Job No. B12 during th period and incurred overhead costs totaling $2440000. The budgeted machine hours for the year totaled 20000. How much overhe should be applied to Job No. B12? $2440 $122000 $2850 $142500 Save for Later Attempts: 0 of 1 used Submit Answe