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A manufacturing company had the following expenses during the year: Expense Component Amount ($) Direct Materials $3,000,000 Direct Labor $2,400,000 Variable Overhead $1,500,000 Fixed Overhead

A manufacturing company had the following expenses during the year:

Expense Component

Amount ($)

Direct Materials

$3,000,000

Direct Labor

$2,400,000

Variable Overhead

$1,500,000

Fixed Overhead

$1,800,000

Calculate the total manufacturing cost incurred during the year and prepare a schedule showing the cost of goods manufactured.

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