how do you do this?

The fotlowing cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials 3 16,000 Indirect labor 140,000 Property taxes, factory 9,000 Utilities, factory 80,000 Depreciation, factory 251,500 Insurance, factory 11,000 Total actual manufacturing overhead costs incurred 5 507:500 Other costs incurred: Purchases of raw materials (both direct and indirect} $ 410,000 Direct labor cost $ 70,000 Inventories : Raw materials, beginning 3 21,000 Raw materials, ending S 31,000 Work in process, beginning S 41,000 Work in process, ending S T1,000 The company uses a predetermined overhead rate of $25 per machinehour to apply overhead cost to jobs. A total of 20,700 machinehours were used during the year. Required: '1. Compute the amount of underapplied or overapplied overhead cost for the year. 1 Prepare a schedule of cost of goods manufactured for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of underapplied or overapplied overhead cost for the year. overhead cost Total raw materials available -_ Raw materials used in production _- Direct materials used in production _- Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured