The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials 15,100 131,000 8,100 71,000 Indirect 1labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred 269,100 10,100 $504,400 Other coata incurred: Purchases of raw materials (both direct and indirect) $401,000 Direct labor cost 61,000 Inventories Raw materials, beginning Raw materials, ending s 20,100 30,100 40,100 70,100 Work in process, beginning Work in procena, ending 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 Required Compute the amount of underapplied or overapplied overhead cost for the year overhead cost Required 2> Required 1