he following cost data relate to the manufacturing activities of Chang Company during the just completed year: The company uses a predetermined overhead rate of $28 per machine-hour to apply overhead cost to jobs, A total of 21,600 machinehours 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 Compute the amount of underapplied or overapplied overhead cost for the year. Prepare a schedule of cost of goods manufactured for the year