please check 7 and fix 13, 18, 19 and check what i am missing in 20

Exercise 3-7 (Algo) Applying Overhead; Cost of Goods Manufactured [LO3-3, LO3-4] 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 $ 16,6e8 146, eee 9,600 86, eee 252,700 11,600 $ 522,508 $ 416, eee $ 76,000 $ 21,600 $ 31,6ee $ 41,6ed $ 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 overapplied overhead cost for the year. 2. Prepare a schedule of cost of goods manufactured for the year. * Answer is complete but not entirely correct. 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. $ 41.600 Chang Company Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Beginning raw materials inventory S 21,600 Add: Purchases of raw materials 41.600 x Total raw materials available 83,200 x Less: Ending raw materials inventory 31,600 Raw materials used in production 31,600 Less: Indirect materials used in production 16,600 Direct materials used in production $ 15,000 Direct labor 76,000 Manufacturing overhead applied to work in process 532,500 Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured 823,500 885.100 71,600 $ 71,600 X Problem 3-13 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold; Income Statement (LO3-3] Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 219, eee $ 268,000 ? $ 157,800 $364, eee $ 353,800 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning Ending $ 56,000 $ $ 33, eee ? $ 31, eee $ 37,000 ? The total manufacturing costs added to production for the year were $685,000: the cost of goods available for sale totaled $740,000: the unadjusted cost of goods sold totaled $660.000; and the net operating income was $30,000. The company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Required: Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint: Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) % Answer is not complete. Complete this question by entering your answers in the tabs below. Income Statement COGS Schedule COM Schedule Prepare a schedule of cost of goods manufactured. Superior Company Schedule of Cost Goods Manufactured Beginning work in process inventory Direct materials: Beginning raw materials inventory $ 58,000 Add: Purchases of raw materials 268.000 Total raw materials available 324.000 Less: Ending raw materials inventory 33.000 Direct materials used in production Direct labor Manufacturing overhead applied to work in process Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured S 291,000 30.000 384.000 685,000 685,000 31,000 $ 703,000