Jackson Company applies overhead to products using direct labor hours as the activity level. During 2009, Jackson Company had the following estimated costs: 

Direct materials .................... $204,000 Direct labor ........................ 180,000 (consisting of 12,000 direct labor hours) Advertising expense ................. 35,000 Rent on factory building ............ 36,000 Depreciation .................... ... 60,000 Indirect materials .................. 20,000 Sales commissions ................... 50,000 Production supervisor's salary ...... 40,000 Insurance on sales equipment ........ 17,000 

It is known that 60% of the depreciation relates to equipment in the administrative offices while 40% of the depreciation relates to equipment in the factory. 

During 2009, Jackson Company began work on three jobs. Information relating to these three jobs appears below (assume there were no jobs in process at January 1, 2009): 

 Job #359 Job #360 Job #361 direct materials .............. $72,000 $45,000 $61,000 direct labor .................. $54,000 $42,000 $60,000 direct labor hours ............ 3,600 2,800 4,000 

By the end of 2009, job $359 and job #361 had been completed. Job #360 was not completed by the end of 2009. Additionally, by the end of 2009, job #361 had been sold while job #359 was not sold. During 2009, Jackson Company recorded total actual overhead cost of $100,000. 

Calculate the cost of goods sold reported by Jackson Company for 2009 after the overhead variance has been closed