Assume that a company uses a standard cost system and applies overhead to production based on direct labor$-$hours. It provided the following excerpt from the standard cost card of its only product:

Standard Hours Standard Rate Standard Cost

Fixed manufacturing overhead $2$ hours $ $6\mathrm{.}00$ per hour $ $12\mathrm{.}00$

During the most recent period, the following additional information was available:

The total actual fixed overhead cost was $$275,000.$

The budgeted amount of fixed overhead cost was $$285,000.$

$46,000$ direct labor$-$hours were actually used to produce $24,240$ units.

How much fixed overhead was applied to work in process?

Multiple Choice

$$288,880$

$$290,880$

$$286,880$

$$289,880$