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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $13,440,000, direct labor cost is $8,064,000, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $13,440,000, direct labor cost is $8,064,000, variable overhead cost is $16,245,000, and fixed overhead cost is $26,640,000.
Cost Component | Amount ($) |
Direct Materials | $13,440,000 |
Direct Labor | $8,064,000 |
Variable Overhead | $16,245,000 |
Fixed Overhead | $26,640,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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