Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $700,000, direct labor cost is $600,000, variable overhead cost is $400,000, and fixed overhead cost is $450,000.

Cost Component	Amount ($)
Direct Materials	$700,000
Direct Labor	$600,000
Variable Overhead	$400,000
Fixed Overhead	$450,000

Also, prepare a schedule showing the cost of goods manufactured.