Union Company uses a standard cost accounting system. The following overhead costs and production data are available for August:
Standard fixed overhead rate $1.00 per hour
Standard variable overhead rate $4.00 per hour
Denominator activity 40,000 hours
Actual hours 39,500 hours
Standard hours allowed for output 39,000 hours
Overapplied overhead $2,000
what would be the total amount of overhead applied to work in process for August ?