The following cost data in late to the manufacturing activities of Chang Company during the just completed year:
tableIndirect materibs,$ The follow no dist data relate to the manufacturing activities of Chang Company during the just completed year:
The company uses a predetermined overhead rate of $ per machinehour to apply overhead cost to jobs. A total of machinehours were used duning the year.
Required:
Compute the amount of underapplied or overapplied overhead cost for the year.
Prepare a schedule of cost of goods manufactured for the year.
Complete this question by entering your answers in the tabs below.
Prepare a schedule o cos of oods manufactured for the year.
Chang Company
ule of Cost of Goods Manufactured
tableBeginning work in process,,,Direct materials:,,,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,,,