Question: 12. Keene Company allocates overhead based on direct labor hours, It alocates overhead costs of $4,700 to two different jobs as follows: Job1:(12hours)=$2,350;Job2:(12hours)=$2,350 The production

12. Keene Company allocates overhead based on direct labor hours, It alocates overhead costs of $4,700 to two different jobs as follows: Job1:(12hours)=$2,350;Job2:(12hours)=$2,350 The production process for Job 2 was then automated. Now Job 2 requires only wo hours of direct labor but four hours of mechanical processing. As a resull, total overhead increased to $6,930. How much overhead cost will be assigned to Job 1 after automation? A. $990 B. $3,340 C. $5,940 D. $2,350

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