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Chang Company provided the following data for this year: The company uses a predetermined overhead rate of $21 per machine-hour to apply overhead cost to

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Chang Company provided the following data for this year: 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 underapplied or overapplied overhead cost. 2. Prepare a schedule of cost of goods manufactured

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