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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $11,520,000, direct labor cost is $7,008,000, variable overhead cost

Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $11,520,000, direct labor cost is $7,008,000, variable overhead cost is $14,970,000, and fixed overhead cost is $24,480,000.

Cost Component

Amount ($)

Direct Materials

$11,520,000

Direct Labor

$7,008,000

Variable Overhead

$14,970,000

Fixed Overhead

$24,480,000

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

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