Use photo below to answer all parts of question

Check my work 18 Exercise 3-7 Applying Overhead; Cost of Goods Manufactured (LO3-3, LO3-4 The following cost data relate to the manufacturing activities of Chang Company during the just completed year: 10 points Manufacturing overhead costs incurredt eBook Hint Print References Indirpct materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred 16,000 140,000 9,000 80,000 251,500 11,000 Other costs incurredi Purchases of raw materials (both direct and indirect) Direat labor cost $410,000 $ 70,000 Inventoriesi Raw materials, beginning Rav naterials, ending Work in process,beginning Work in process, ending s 21,000 s 31,000 $ 41,000 s 71,000 The company uses a predetermined overhead rate of $25 per machine-hour to apply overhead cost to jobs. A total of 20,700 machine-hours were used during 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