The following cost data relate to the manufacturing activities of the Kamas Company during the most recent year: Manufacturing overhead costs incurred during the year: Property taxes $1,600 Utilities, factory 2,600 Indirect labour 5,100 Depreciation, factory 13,000 Insurance, factory 2.500 Total actual costs $24.800 Other costs incurred during the year: Purchases of raw materials $15,000 Direct labour cost 22,000 3,500 Inventories: Raw Materials, beginning $5,000 Raw Materials, ending 4,400 Work in process, beginning Work in process, ending 4,500 The company uses a predetermined overhead rate to charge overhead cost to production. The rate for the year just completed was $4.00 per machine hour; a total of 6,000 machine hours were recorded for the year. Required: a. Compute the amount of under- or over applied overhead cost for the year just ended. b. Prepare a schedule of cost of goods manufactured for the year