Cost of Goods Sold, Sales Revenue, Income Statement Jasper Company provided the following information for last year: Sales in units Selling price Direct materials Direct labor Manufacturing overhead Selling expense Administrative expense 280,000 $12 220,000 505,000 110,000 437,000 854,000 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