The following cost data relate to the manufacturing activities of Chang Company during the just completed year:
The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $28 per machine-hour. A total of 21,600 machine-hours was recorded for the year Required
1. Compute the amount of underapplied or overapplied overhead cost for the year. overhead cost
2. Prepare a schedule of cost of goods manufactured for the year.
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