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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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