Book -int Print rences 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 $ 17,000 150,000 10,000 00,000 147,000 12,000 $ 426,000 $420,000 $ 80,000 $ 22,000 $ 32,000 $ 42,000 $ 72,000 The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 21.700 machine- hours were used during the year Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year. 7 Prenare a schedule of cost of onods manufacturert for the year < Prev 7 of 10 Next > Check my work 17 Sept 07:38 A Q HULK A Pray The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 21,700 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. Check my work Required 1 Required 21 Prepare a schedule of cost of goods manufactured for the year. Direct materials Chang Company Schedule of Cost of Goods Manufactured < Prev 7 of 10 Next > 37 Rand 39 40 Direct materials Chang Company Schedule of Cost of Goods Manufactured 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 i S O Check my work Check my work The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 21,700 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. Required 1 Required 2 nces Compute the amount of underapplied or overapplied overhead cost for the year. overhead cost Required 2 > >