Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $70,000, direct labor cost is $50,000, variable overhead cost is $25,000, and fixed overhead cost is $40,000.

Cost Component	Amount ($)
Direct Materials	$70,000
Direct Labor	$50,000
Variable Overhead	$25,000
Fixed Overhead	$40,000

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