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 $20,300$

machine$-$hours were used during the year.

Required:

Compute the amount of underapplied or overapplied overhead

cost for the year.

Prepare a schedule of cost of goods manufactured for the year.