kindly answer the questions below

Saved Exercise 3-7 (Algo) Applying Overhead; Cost of Goods Manufactured (LO3-3, L03-4) The following cost data relate to the manufacturing activities of Chang Company during the just completed year 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: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 16,200 142,000 9,200 82,000 169,900 11,200 $430,500 $412,000 $ 72,000 $ 21,200 $ 31,200 $ 41,200 $ 71,200 The company uses a predetermined overhead rate of $21 per machine hour to apply overhead cost to jobs. A total of 20.900 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. Unit 2 Application Assignment Saved 4 Complete this question by entering your answers in the tabs below. Required 1 Required 2 B points Prepare a schedule of cost of goods manufactured for the year. eBook Chang Company Schedule of Cost of Goods Manufactured Hint Rwferences $ 21,200 412,000 433,200 31,200 402,000 16 200 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 Less Indirect materials used in production Derect materials used in production Dwect 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. Beginning work in process inventory Cost of goods manufactured $385,800 72,000 457 800 457 800