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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $19,968,000, direct labor cost is $11,980,800, variable overhead cost

Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $19,968,000, direct labor cost is $11,980,800, variable overhead cost is $22,815,000, and fixed overhead cost is $37,120,000.

Cost Component

Amount ($)

Direct Materials

$19,968,000

Direct Labor

$11,980,800

Variable Overhead

$22,815,000

Fixed Overhead

$37,120,000

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

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