Cathy Company started, completed, and sold Job # 5. Cathy applies manufacturing overhead to jobs at a rate of $30 per direct labor hour. Direct material cost on the job totaled $2,500, and direct labor costs were $50 per hour and totaled $3,000. Sales commissions incurred on this sale totaled $500. The cost of goods sold related to Job #5 is: $4,800 $6,000 $7,300 $6,800 $7,800