Vandelay Industries estimates that total factory overhead will be $16,000,000 and total labor hours will be 400,000 for the year. Year-to-date actual overhead is $9,200,000 and actual labor hours are 200,000. At this point in the year, what amount would be allocated to factory overhead based on this information $9,200,000 $ 16,000,000 $8,000,000 $4,600,000