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A manufacturing company had the following expenses during the year: Expense Component Amount ($) Direct Materials $16,560,000 Direct Labor $13,248,000 Variable Overhead $7,948,800 Fixed Overhead

A manufacturing company had the following expenses during the year:

Expense Component

Amount ($)

Direct Materials

$16,560,000

Direct Labor

$13,248,000

Variable Overhead

$7,948,800

Fixed Overhead

$8,715,200

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

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