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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $20,928,000, direct labor cost is $12,556,800, variable overhead cost

Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $20,928,000, direct labor cost is $12,556,800, variable overhead cost is $23,625,000, and fixed overhead cost is $38,560,000.

Cost Component

Amount ($)

Direct Materials

$20,928,000

Direct Labor

$12,556,800

Variable Overhead

$23,625,000

Fixed Overhead

$38,560,000

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

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