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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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