Overhead Variances and Their Disposal Warner Company has the following data for the past year: Actual overhead $283,500 Applied overhead: Work-in-process inventory $64,000 Finished goods inventory 128,000 Cost of goods sold 128,000 Total $320,000 Warner uses the overhead control account to accumulate both actual and applied overhead. Required: 1. Calculate the overhead variance for the year. 36,500 Feedback Check My Work Correct Overapplied