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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.

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