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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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