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Li Pong company uses a standard costing system. Last year they incurred $100,000 of Variable Overhead and $288,000 of Fixed Overhead and had the following

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Li Pong company uses a standard costing system. Last year they incurred $100,000 of Variable Overhead and $288,000 of Fixed Overhead and had the following variances before closing entries. FOHBudgetVariance-$8,000FFOHVolumeVariance-$8,000UVOHSpendingVariance-$2,000FVOHEfficiencyVariance-$4,000U How much overhead was applied to inventory over the course of the year? (Answer in dollars)

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