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

Manufacturing overhead costs incurred:
Indirect materials	$	16,300
Indirect labor		143,000
Property taxes, factory		9,300
Utilities, factory		83,000
Depreciation, factory		149,100
Insurance, factory		11,300
Total actual manufacturing overhead costs incurred	$	412,000
Other costs incurred:
Purchases of raw materials (both direct and indirect)	$	413,000
Direct labor cost	$	73,000
Inventories:
Raw materials, beginning	$	21,300
Raw materials, ending	$	31,300
Work in process, beginning	$	41,300
Work in process, ending	$	71,300

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 21,000 machine-hours was recorded for the year.

Required:

1.

Compute the amount of underapplied or overapplied overhead cost for the year.

overhead cost

2.

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

Direct materials
Raw materials avaiable for use	0
Raw materials used in production	0
		0
Total manufacturing cost		0
		0
Cost of goods manufactured		0