Check my w The following cost data relate to the manufacturing activities of Chang Company during the just completed year 1 16.100 141,000 9.00 88,000 295,300 11.400 Manufacturing overhead costs neweredi Tindirect train Indirect labor Property taxes. Factory Utilities, factory Depreciation factory Indurance factory Total actual manufacturing overhead coats Leurred Other coatIncurred: Purchases of raw materiale (both direct and indirect) Direct labor cost Inventories Raw materiais, beginning Haw materials, ending Work in process, beginning Work in process, ending $410,000 $70,000 $21,800 $31.00 41.600 $ 11,000 The company uses a predetermined overhead rate of $27 per machine-hour to apply overhead cost to jobs. A total of 21,500 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. N Prepare a schedule of cost of goods manufactured for the year. Chang Company Schedule of Cost of Goods Manufactured 5 points Book $ 21.800 401,200 Hint Direct materials: Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available Lass: Ending raw materials inventory Raw materials used in production Print 31,800 3,913,200 References Direct materials used in production 36.200 Total manufacturing costs added to production Total manufacturing costs to account for 3,913.200 3,913,200 Cost of goods manufactured Required 1 Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the year. Chang Company Schedule of Cost of Goods Manufactured Book $ Hint 21,800 401.200 Print rences Direct materials: Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Raw materials used in production 31.800 3.913.200 Direct materials used in production $ 3,913 200 Total manufacturing costs added to production Total manufacturing costs to account for 3,913,200 3.913,200 Cost of goods manufactured Required 1