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9 0.9 points 2023503 elook Hnt The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead
9 0.9 points 2023503 elook Hnt The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred. Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 16,200 142,000 9,200 82,000 169,900 11,200 $ 430,500 $ 412,000 $ 72,000 $ 21,200 $31,200 $41,200 $ 71,200 The company uses a predetermined overhead rate of $21 per machine-hour to apply overhead cost to jobs. A total of 20,900 machine-hours were used during the year. Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year 2. Prepare a schedule of cost of goods manufactured for the year. Complete this question by entering your answers in the tabs below. Help Save & Exit Sub Check my war C 0.9 points Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the year. Chang Company Schedule of Cost of Goods Manufactured 033451 Direct materials: ellook Total raw materials available Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Benuiced 1 $ 0 0 0 0.9 points 03:34:41 eBook Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year. 2. Prepare a schedule of cost of goods manufactured for the year. Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Compute the amount of underapplied or overapplied overhead cost for the year. overhead cost Maguired 1 Required 2>
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