COTO lote to the 50 point $ 16,00 146,000 5,50 38.000 253.700 11.00 eBook 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 Purchase of raw materials both direct and indirect Direct labor cost Inventarios Raw materials, beginning w materials, endine work in process, beginning Work in process, ending $15.000 575.000 $21.00 31.600 41, Print Reerences The company uses o predetermined overhead rate of $25 per machine-hour to apply overhead cost to jobs. A tot 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 Prepare a schedule of cost of goods manufactured for the year Chang Company Schedule of Cost of Goods Manufactured Purchases of raw materials Direct material Beginning raw materials inventory $ 21.600 Add: Manufacturing overhead cost Total raw materials available Les Indirect materials used in production 18.000 Raw materials used in production 406.000 Less Ending work in process inventory 16.800 Direct materials used in production Direct labor Manufacturing overhead applied to work in process Cost of goods manufactured Total manufacturing costs added to production Total manufacturing costs to account for Less Ending work in process inventory Cost of goods manufactured 5 309 400 399 400 309.000 71.800 5967.900