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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $21,504,000, direct labor cost is $12,902,400, variable overhead cost

Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $21,504,000, direct labor cost is $12,902,400, variable overhead cost is $24,225,000, and fixed overhead cost is $39,440,000.

Cost Component

Amount ($)

Direct Materials

$21,504,000

Direct Labor

$12,902,400

Variable Overhead

$24,225,000

Fixed Overhead

$39,440,000

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

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