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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $28,032,000, direct labor cost is $16,819,200, variable overhead cost

Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $28,032,000, direct labor cost is $16,819,200, variable overhead cost is $31,475,000, and fixed overhead cost is $51,240,000.

Cost Component

Amount ($)

Direct Materials

$28,032,000

Direct Labor

$16,819,200

Variable Overhead

$31,475,000

Fixed Overhead

$51,240,000

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

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