Seved The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Tanufacturing 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 York in process, beginning York in process, ending $ 15,100 131,000 8, 100 71.000 269. 100 10, 100 $ 504.400 $ 401,000 $ 61,000 $ $ $ $ 20,100 30, 100 40, 100 70, 100 The company uses a predetermined overhead rate of $26 per machine-hour to apply overhead cost to jobs. A total of 19.800 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. Required 1 Required 2 BE o Hi Ta a sc 9