The following cost data relate to the manufacturing the mos recent Year Manufacturing overhead costs incum Property taxes Utilities, factory Indirect labour Depreciation, factory Insurance, factory Total actual costs Other costs incurred during the year: Purchases of raw materials Direct labour cost Inventories: The company uses a predetermined overhead rate t for the year just completed was $4,00 per machine recorded for the year. Required: a Compute the amount of under- or overapplied ow b. Prepare a schedule of cost of goods manufacture