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The following cost data relate to the manufacturing activities of Black Company during the just completed year:

Manufacturing overhead costs:
Property taxes, factory	$	2,800
Utilities, factory		5,000
Indirect labor		9,900
Depreciation, factory		23,900
Insurance, factory		6,000
Total actual manufacturing overhead costs	$	47,600
Other costs incurred:
Purchases of raw materials	$	31,600
Direct labor cost	$	39,300
Inventories:
Raw materials, beginning	$	8,200
Raw materials, ending	$	6,100
Work in process, beginning	$	5,500
Work in process, ending	$	7,200

The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $5 per machine-hour; a total of 10,900 machine-hours was recorded for the year. All raw materials ultimately become direct materialsnone are classified as indirect materials.

Required:

1.	Compute the amount of underapplied or overapplied overhead cost for the year. (Input the amount as a positive value.)

(Click to select)OverappliedUnderapplied overhead cost

$

2.	Prepare a schedule of cost of goods manufactured for the year. (Input all amounts as positive values.)

Black Company Schedule of Cost Goods Manufactured
Direct materials:
(Click to select)Manufacturing overhead cost applied to work in processRaw materials inventory, endingRaw materials inventory, beginningUtilities, factoryWork in process, beginning	$
(Click to select)DeductAdd : (Click to select)Manufacturing overhead costWork in process, endingRaw materials inventory, endingWork in process, beginningPurchase of raw materials
Raw materials available for use
(Click to select)AddDeduct : (Click to select)Work in process, beginningRaw materials inventory, endingPurchase of raw materialsManufacturing overhead costWork in process, ending
Raw materials used in production		$
(Click to select)Indirect laborRaw materials inventory, beginningRaw materials inventory, endingDirect laborUtilities, factory
(Click to select)Raw materials inventory, endingManufacturing overhead cost applied to work in processRaw materials inventory, beginningWork in process, beginningUtilities, factory
Total manufacturing cost
(Click to select)AddDeduct : (Click to select)Purchase of raw materialsWork in process, beginningWork in process, endingManufacturing overhead costRaw materials inventory, ending
(Click to select)AddDeduct : (Click to select)Work in process, endingRaw materials inventory, endingWork in process, beginningManufacturing overhead costPurchase of raw materials
Cost of goods manufactured		$

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