Baab Corporation is a manufacturing fem that uses yoborder costing The company's inventory balances were as the beginning and end of the year $ 14,150 $ 21,150 $ 22.10.15 367,150 $77,19 . The company apores overhead to jobs nga predetermined bead rate based on rechee hours been year, the company estimated that it would work 33.150 mache ho dic 2009 mancung following transactions were recorded for the year - Raw maters were purchased $315.150 Raw materials were required for use in proxton 5107150 200 250 diect and $26.500 de The following employee costs were cred decot 300 recobo Sada Selling costs 5147150 Factory utility costs. 510150 Depredation for the year was $06000 of which 3120 300 se to factory opens and 5157000 general and adminstrative actives Muring overhead was apored to you the level of activity for the years 4.000 machinebou Se for the totaled $1.295.000 Required Pewe a schedule of cost of goods manufactured Was the head under ind over by owch Prepare income to the yea The company.com andered or oppled y enter the by entering your answers in the table below. Required A Required Required Prepare a schedule of cost of goods manufactured Baab Corporation Schedule of Cost of Goods Maractured Die materials Rased in production Tooling cos de production Depreciation for the year was 5136,000 of which $120.300.s related to factory operations and 55700 general and administrative activities Manufacturing overhead was applied to jobs. The actual level of activity for the year w34000 machine Sales for the year totaled $1259000 Required: a. Prepare a schedule of cost of goods manufactured Was the overhead underapplied or overapplied By how much? c. Prepare an income statement for the year. The company closes any underapped or cercetator Complete this question by entering your answers in the table below Required Red Red was the overhead underapplied or overlede