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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $20,352,000, direct labor cost is $12,211,200, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $20,352,000, direct labor cost is $12,211,200, variable overhead cost is $23,265,000, and fixed overhead cost is $38,080,000.
Cost Component | Amount ($) |
Direct Materials | $20,352,000 |
Direct Labor | $12,211,200 |
Variable Overhead | $23,265,000 |
Fixed Overhead | $38,080,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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