Madtack Company uses a job-order costing system and started the month of March with only one job in process (Job #359). This job had $5,000 of total cost assigned to it at the beginning of March. Madtack applies overhead to jobs at a rate of 125% of direct labor cost. During March, Madtack assigned production costs as follows to the jobs worked on during the month: . direct materials direct labor Job #359 $4,000 1,000 Job #360 $5,000 3,000 Job #361 $3,000 2,000 During March, Madtack completed and sold Job #360. Job #361 was also completed but was not sold by the end of March. Job #359 was not completed by the end of March. Madtack Company had total actual overhead cost of $10,700 for the onth of March. Calculate the cost of goods sold reported by Madtack for March after the overhead variance has been closed