Vektek, Inc. uses job order costing and thinks machine hours is the best activity base to assign manufacturing overhead. The estimate of annual overhead costs for its jobs was $2,050,000. The budgeted machine hours for all jobs for the year totaled 20,000. The company used 1,000 hours of processing on Job No. B12 during the period. How much overhead should be applied to Job No. B12

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of