Question: #2 Sheffield Corp. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was

Sheffield Corp. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $3050000. The companyused 1000 hours of processing on Job No. B12 during the period and incurred overheard costs totaling $3100000. The budgeted machine hours for the year totaled 20000 . How much overhead should be applled to Job No. B12? $155000$152500$3100$3050

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