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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $18,432,000, direct labor cost is $11,059,200, variable overhead cost

Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $18,432,000, direct labor cost is $11,059,200, variable overhead cost is $21,315,000, and fixed overhead cost is $34,720,000.

Cost Component

Amount ($)

Direct Materials

$18,432,000

Direct Labor

$11,059,200

Variable Overhead

$21,315,000

Fixed Overhead

$34,720,000

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

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