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Chang Company Schedule of Cost of Goods Manufactured Direct materials: begin{tabular}{|l|l|l|} hline & & hline Total raw materials available & & hline Raw
Chang Company Schedule of Cost of Goods Manufactured Direct materials: \begin{tabular}{|l|l|l|} \hline & & \\ \hline Total raw materials available & & \\ \hline Raw materials used in production & & \\ \hline Direct materials used in production & & \\ \hline & & \\ \hline Total manufacturing costs added to production & & \\ \hline Total manufacturing costs to account for & \\ \hline & & \\ \hline Cost of goods manufactured & & \\ \hline \end{tabular} Required 1 The following cost data relate to the manufacturing activities of Chang Company during the just completed year: The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 20,000 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
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