The foliowing cost data relate to the manufacturing actwates of Chang Company during the just completed year. The company uses a predetermined ovechead rate of $25 per machine-hour to apply aveitiead cost to jobs: A total of 21700 mactine 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 mariufaclured for the year. Complete this question by entering your answers in the tabs below. Compute the amount of underapplied or overapplied ovemead cost for the year. Complete this question by entering your answers in the tabs below. The following cost data relate to the manufacturing activities of Chang Company during the just completed year: The company uses a predetermined overhead rate of $25 per machine-hour to apply overhead cost to jobs. A total of 21.300 ma 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. Compute the amount of underapplied or overapplied overhead cost for the year. B