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Apple Icloud Yahoo Bing G Googe The following cost data relate to the manufacturing activities of Black Company during the just completed year Manufacturing overhead costs incurred Property taxes, factory Usities, factory Indirect labor Depreciation, factory Insurance, factory S 2.900 4,900 9,900 23,900 5,900 $47,500 Total actual manufacturing overhead costs Other costs incured Purchases of raw materials Direct labor cost Inventories $32.900 $39,900 Raw materials, beginning S 8,200 $ 6,200 $ 5,000 $ 6800 Work in process, beginning Work in process, ending utimately become direct materials-none are classified as indirect materials The rate for the year was $5 per machine-hour, a total of 12,400 machine-hours was recorded for the year All rew materals Required 1. Compute the amount of underapplied or overapplied overhead cost for the year The company uses a predetermined overhead rate to apply overhead cost to jor overhead cost MacBook Air 2. Prepare a schedule of cost of goods manufactured for the year using the indirect method. (Enter all deductions as a negative.) Black Company Schedule of Cost of Goods Manufactured Direct materials: Raw materials available for use C Raw materials used in production Total manufacturing cost Cost of goods manufactured eBook & Resources References Leaming Objective: 04-04 Compule underapplied or oaralo Dificulty: 1 Easy Worksheet