Marigold Corp. thinks machine hours is the best activity base for lits manufacturing overhead. The estimate of annual overhead costs for its jobs was $2950000. The company used 1000 hours of processing on Job No. 812 during the period and incurred overhead costs totaling $3000000. The budgeted machine hours for the year totaled 20000. How much overhead should be applied to Job No. B12 O $150000 O $2950 O $3000 O $147500