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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $24,960,000, direct labor cost is $14,982,400, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $24,960,000, direct labor cost is $14,982,400, variable overhead cost is $27,225,000, and fixed overhead cost is $44,160,000.
Cost Component | Amount ($) |
Direct Materials | $24,960,000 |
Direct Labor | $14,982,400 |
Variable Overhead | $27,225,000 |
Fixed Overhead | $44,160,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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