The following cost data relate to the manufacturing activities of Crystal Corporation during the past year: Manufacturing overhead costs incurred: Indirect materials $ 14,000 Indirect labour 190,000 Property taxes, factory 19,500 Utilities, factory 102,000 Depreciation factory 290,000 Insurance, factory 15 000 Total actual costs incurred 5650 500 Other costs incurred: $500.000 Purchases of raw materials (both direct and indirect) 35 000 Direct labour cost Inventories: Raw materials, beginning $ 40,000 Activate Window 30.000 Raw materials, ending CE Der er adory Tal concurre One.com Parchowo recandidati Detabour.com 5000 140.000 was being 30.000 Raw mong 0 000 Worten 10000 Work in process. The company es podetermined overhead rate to apy cad cost to production. The rate for the year was 533 pachinebou total of 20,000 machines were recorded for the year Required: 1. Compute the act of ander or overapplied overhead cost for the year 2. Prepare a schedule of cou ofoods factured for the year Act Window EXERCISE 3-7 SOM 20 Partly sunny AAGEN Actual manufacturing overhead costs Manufacturing overhead cost applied Overapplied overhead cost 7 Part 2 8 9 10 Crystal Corporation Schedule of Cost of Goods Manufactured 21 2 Direct materials: Raw materials inventory beginning Add purchases of raw materials Raw materials available for use Deduct raw materials inventory, ending Raw materials used in production Less indirect materials Direct labour Manufacturing overhead cost applied to work in process Total manufacturing costs Add: Work in process, beginning Windo Dette in casa Andina Crystal Corporation Schedule of Cost of Goods Manufactured Direct materials: Raw materials inventory, beginning Add purchases of raw materials Raw materials available for use Deduct raw materials inventory, ending Raw materials used in production Less indirect materials Direct labour Manufacturing overhead cost applied to work in process Total manufacturing costs Add: Work in process, beginning Deduct: Work in process, ending Cost of goods manufactured Window