[The following information applies to the questions displayed below. The following cost data relate to the manufacturing activities of Chang Company during the just completed year Manufacturing overhead costs incurred Indirect material:s Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred $1,200 9,900 2,800 4,900 23,900 5,800 $48,500 Other costs incurred: Purchases of raw materials(both direct and indirect) Direct labor cost $32,100 $40,900 Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $8,200 $6,400 $5,500 $7000 The company uses a predetermined overhead rate to apply overhead cost to production. The rate for the year was $5 per machine-hour. A total of 12,500 machine-hours was recorded for the year