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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $28,704,000, direct labor cost is $17,211,600, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $28,704,000, direct labor cost is $17,211,600, variable overhead cost is $33,808,000, and fixed overhead cost is $54,960,000.
Cost Component | Amount ($) |
Direct Materials | $28,704,000 |
Direct Labor | $17,211,600 |
Variable Overhead | $33,808,000 |
Fixed Overhead | $54,960,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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