The following cost data relate to the manufacturing activities of Chang Company during the just completed year: The company uses a predetermined overhead rate to apply overhead cost to production. The rate for the year was \$25 per machine-hour. A total of 19,400 machine-hours was recorded for the year. Required: 1. Compute the amount of under-or-over applied overhead cost for the year. 2. Prepare a schedule of cost of goods manufactured for the year