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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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