Blue Blast applies OH using materials cost and sets prices at 23% above costs. The companys labor cost for job 85 was $2,000 and materials were $1,500. The company estimated overhead to be $300,000 for the year and budgeted to spend $600,000 in materials for the year. If the company actually spent $500,000 in materials for the year, how much is the price of job 85?

Group of answer choices

$4,400

$4,250

$5,412

$3,500

$5,227

$6,005

$6,500