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Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $21,888,000, direct labor cost is $13,132,800, variable overhead cost
Calculate the total manufacturing cost incurred during the month if a company's direct materials cost is $21,888,000, direct labor cost is $13,132,800, variable overhead cost is $24,675,000, and fixed overhead cost is $40,160,000.
Cost Component | Amount ($) |
Direct Materials | $21,888,000 |
Direct Labor | $13,132,800 |
Variable Overhead | $24,675,000 |
Fixed Overhead | $40,160,000 |
Also, prepare a schedule showing the cost of goods manufactured.
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