The Following Cost Data Relate to the Manufacturing Activities of the Kamas

The following cost data relate to the manufacturing activities of the Kamas Company during the most recent year:
$\text { Manufacturing overhead costs incurred during the year: }$
$\begin{array}{lccc} \text {Property taxes} & \$ 1,600 \\\text {Utilities, factory }& 2,600 \\\text {Indirect labour }& 5,100 \\\text {Depreciation, factory }& 13,000 \\\text {Insurance, factory }& 2,500 \\\text {Total actual costs }& \$ 24,800\\&----\\\text { Other costs incurred during the year: }\\ \text { Purchases of raw materials } & \$ 15,000 \\ \text { Direct labour cost } & 22,000\\\\\text { Inventories:}\\\text { Raw materials, beginning } & \$ 5,000 \\ \text { Raw materials, ending } & 4,400 \\ \text { Work in process, beginning } & 3,500 \\ \text { Work in process, ending } & 4,500\end{array}$





The company uses a predetermined overhead rate to charge overhead cost to production. The rate for the year just completed was $4.00 per machine hour; a total of 6,000 machine hours were recorded for the year.
Required:
a. Compute the amount of under- or overapplied overhead cost for the year just ended.
b. Prepare a schedule of cost of goods manufactured for the year.