Help Save& The following cost data relate to the manufacturing activities of Chang Company during the just completed year Manu facturing overhead costs incurred: points Indirect labor Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred s 16,600 146,000 9,600 86,000 252,700 eBook $522, 500 Purchases of raw materials (both direct and indirect) Direct labor cost $416,000 $ 76,000 s 21,600 Raw materials, ending Work in process, beginning Work in process, ending s 41,600 s 71,600 The company uses a predetermined overhead rate of $25 per machine-hour to apply overhead cost to jobs A total of 21,300 machine hours were used during the year Required: 1. Compute the amount of underapplied or o 2. Prepare a schedule of cost of goods manufactured for the year verapplied overhead cost for the year. Prey 6 of9 Next >