The following cost data relate to the manufacturing activities of Chang Company durling the just completed year $ 15,800 138,000 8,800 78,000 150,600 10,800 $402,000 Indirect labor Insurance, factory Total actual manufacturing overhead costs incurred Purchases of raw materials (both direct and indirect) Raw materials, beginning Work in process, beginning $408,000 $ 68,000 20,800 30,800 $ 40,800 $ 70,800 Work in process, ending The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 20,500 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. & Answer is complete but not entirely correct Complete this question by entering your answers in the tabs below. Required 1 Required 2