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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $23,424,000, direct labor cost is $14,054,400, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $23,424,000, direct labor cost is $14,054,400, variable overhead cost is $25,965,000, and fixed overhead cost is $42,240,000.
Cost Component | Amount ($) |
Direct Materials | $23,424,000 |
Direct Labor | $14,054,400 |
Variable Overhead | $25,965,000 |
Fixed Overhead | $42,240,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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