The following cost data relate to the manufacturing activities of Chang Company during the just completed year:

Manufacturing overhead costs incurred:

Indirect materials $ $15,400$

Indirect labor $134,000$

Property taxes, factory $8,400$

Utilities, factory $74,000$

Depreciation, factory $191,200$

Insurance, factory $10,400$

Total actual manufacturing overhead costs incurred $ $433,400$

Other costs incurred:

Purchases of raw materials $($both direct and indirect$)$ $ $404,000$

Direct labor cost $ $64,000$

Inventories:

Raw materials, beginning $ $20,400$

Raw materials, ending $ $30,400$

Work in process, beginning $ $40,400$

Work in process, ending $ $70,400$

The company uses a predetermined overhead rate of $$22$ per machine$-$hour to apply overhead cost to jobs. A total of $20,100$ 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.