1 The following cost data relate to the manufacturing activities of Crystal Corporation during the past year: nts Skipped Manufacturing overhead costs incurred: Indirect materials Indirect labour Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labour cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 34,000 190,000 19,500 102,000 290,000 15,000 $ 650,500 eBook Print $ 500,000 85,000 References $ 40,000 30,000 60,000 40,000 The company uses a predetermined overhead rate to apply overhead cost to production. The rate for the year was $33 per machine- hour. A total of 20,000 machine-hours were recorded for the year. Required: 1. Compute the amount of under-or overapplied overhead cost for the year. overhead cost 1 2. Prepare a schedule of cost of goods manufactured for the year. CRYSTAL CORPORATION Schedule of Cost of Goods Manufactured ints Direct materials Skipped Raw materials available for use 0 eBook Print Raw materials used in production 0 References $ 0 Total manufacturing costs 0 Total work in process inventory 0 Cost of goods manufactured 0