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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $10,560,000, direct labor cost is $6,300,000, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $10,560,000, direct labor cost is $6,300,000, variable overhead cost is $14,350,000, and fixed overhead cost is $23,400,000.
Cost Component | Amount ($) |
Direct Materials | $10,560,000 |
Direct Labor | $6,300,000 |
Variable Overhead | $14,350,000 |
Fixed Overhead | $23,400,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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