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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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