Multiple Choice Question 82 Crane Company thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1050000The company used 1000 hours of processing on lob No. B12 during the periad and incurred overhead costs totaling $1100000. The budgeted machine hours for the yeer totaled 20000. How much overhead shauld be applied to Job No. B12? $1050 $1100 $52500 $55000