Check my work mode : This shows what is correct or incorrect for the work you have The following cost data relate to the manufacturing activities of Chang Company during the just completed year $ 15,800 138,000 8.30 78,000 150,600 10,800 $ 402,000 Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 408,000 $ 68,000 $ 20,00 $ 30,300 $ 40,000 $ 70,00 The company uses a predetermined overhead rate of $20 per machine hour to apply overhead cost to jobs. A total of 20,500 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 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the year. Chang Company e here to search O