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A manufacturing company had the following expenses during the year: Expense Component Amount ($) Direct Materials $27,120,000 Direct Labor $21,696,000 Variable Overhead $13,017,600 Fixed Overhead

A manufacturing company had the following expenses during the year:

Expense Component

Amount ($)

Direct Materials

$27,120,000

Direct Labor

$21,696,000

Variable Overhead

$13,017,600

Fixed Overhead

$14,341,600

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

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