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Jasper Company provided the following information for last year: Sales in units 280,000 Selling price $ 12 Direct materials 180,000 Direct labor 505,000 Manufacturing overhead

Jasper Company provided the following information for last year:

Sales in units 280,000

Selling price $ 12

Direct materials 180,000

Direct labor 505,000

Manufacturing overhead 110,000

Selling expense 437,000

Administrative expense 854,000

Last year, beginning and ending inventories of work in process and finished goods equaled zero.

Required:

a. Calculate the cost of goods sold for last year.

b. Calculate the sales revenue for last year.

c. Make an income statement for Jasper for last year.

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