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A manufacturing company had the following expenses during the year: Expense Component Amount ($) Direct Materials $26,640,000 Direct Labor $21,312,000 Variable Overhead $12,787,200 Fixed Overhead

A manufacturing company had the following expenses during the year:

Expense Component

Amount ($)

Direct Materials

$26,640,000

Direct Labor

$21,312,000

Variable Overhead

$12,787,200

Fixed Overhead

$14,072,800

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

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