Question: Please help me solve this homework. Manufacturing overhead costs incurred: Indirect materials $ 15,900 Indirect labor 139,000 Property taxes, factory 8,900 Utilities, factory 79,000 Depreciation,

Please help me solve this homework.

Please help me solve this homework. Manufacturing overhead costs incurred: Indirect materials

Manufacturing overhead costs incurred: Indirect materials $ 15,900 Indirect labor 139,000 Property taxes, factory 8,900 Utilities, factory 79,000 Depreciation, factory 150,300 Insurance, factory 10,900 Total actual manufacturing overhead costs $404,000 incurred Other costs incurred: Purchases of raw materials (both direct and indirect) $409'000 Direct labor cost $ 69,000 Inventories: Raw materials, beginning $ 20,900 Raw materials, ending $ 30,900 Work in process, beginning $ 40,900 Work in process, ending $ 70,900 The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost tojobs. A total of 20,600 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

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