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Not sure for the last 2 or 3 fields. I appreciate the help so much The following cost data relate to the manufacturing activities of

Not sure for the last 2 or 3 fields. I appreciate the help so much

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The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials $ 15, 600 Indirect labor 136,000 Property taxes, factory 8, 600 Utilities, factory 76, 000 Depreciation, factory 250, 700 Insurance, factory 10, 600 Total actual manufacturing overhead costs incurred $ 497,500 Other costs incurred: Purchases of raw materials (both direct and indirect) $ 406 , 000 Direct labor cost $ 66, 000 Inventories: Raw materials, beginning $ 20, 600 Raw materials, ending $ 30, 600 Work in process, beginning $ 40, 600 Work in process, ending $ 70, 600 The company uses a predetermined overhead rate of $25 per machine-hour to apply overhead cost to jobs. A total of 20,300 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. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the year. Chang Company Schedule of Cost of Goods Manufactured Direct materials: Beginning raw materials inventory $ 20,600 Add: Purchases of raw materials 406,000 Total raw materials available Less: Ending raw materials inventory 30,600 Raw materials used in production Less: Indirect materials used in production 15,600 Direct materials used in production (15,600) Direct labor 66,000 Manufacturing overhead applied to work in process 507,500 Total manufacturing costs added to production 557,900 Total manufacturing costs to account for 557,900 Less: Ending work in process inventory O (70,600) Cost of goods manufactured

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