Jasper Company provided the following information for last year:
Sales in units ..................................300,000
Selling price ..........................................$9
Direct materials .............................$150,000
Direct labor ..................................$325,000
Manufacturing overhead ..................$215,000
Selling expense ..............................$437,000
Administrative expense ....................$854,000
Last year, beginning and ending inventories of work in process and finished goods equaled zero.
Required:
Calculate the cost of goods sold for last year.