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A manufacturing company had the following expenses during the year: Expense Component Amount ($) Direct Materials $18,480,000 Direct Labor $14,784,000 Variable Overhead $8,870,400 Fixed Overhead

A manufacturing company had the following expenses during the year:

Expense Component

Amount ($)

Direct Materials

$18,480,000

Direct Labor

$14,784,000

Variable Overhead

$8,870,400

Fixed Overhead

$9,727,600

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

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