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

Manufacturing overhead costs incurred:
Indirect materials	$	16,100
Indirect labor		141,000
Property taxes, factory		9,100
Utilities, factory		81,000
Depreciation, factory		149,700
Insurance, factory		11,100
Total actual manufacturing overhead costs incurred	$	408,000
Other costs incurred:
Purchases of raw materials (both direct and indirect)	$	411,000
Direct labor cost	$	71,000
Inventories:
Raw materials, beginning	$	21,100
Raw materials, ending	$	31,100
Work in process, beginning	$	41,100
Work in process, ending	$	71,100

The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $20 per machine-hour. A total of 20,800 machine-hours was recorded for 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.