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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $18,048,000, direct labor cost is $10,828,800, variable overhead cost

Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $18,048,000, direct labor cost is $10,828,800, variable overhead cost is $20,865,000, and fixed overhead cost is $34,080,000.

Cost Component

Amount ($)

Direct Materials

$18,048,000

Direct Labor

$10,828,800

Variable Overhead

$20,865,000

Fixed Overhead

$34,080,000

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

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