Rapido, LLC uses machine hours as the activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $2,200,000. The company used 1,000 hours of processing on Job No. B12 during the period and incurred actual overhead costs totaling $2,150,000. The budgeted machine hours for the year totaled 20,000. How much overhead should be applied to Job No. B12? O $2,150 $2,200 O $110,000 O $107,500