Madtack Company uses a job-order costing system and started the month of March with three jobs in process. The cost of beginning work in process plus the costs added during March are shown below:  Job #359 Job #360 Job #361 beginning work in process ..... $4,800 $3,500 $5,300 COSTS ADDED DURING MARCH: direct materials .............. $4,100 $3,000 $6,400 direct labor .................. 5,000 3,900 4,000 Madtack applies overhead to jobs at a rate of 80% of direct materials used. During March, Madtack completed and sold Job #361. Job #359 was also completed but was not sold by the end of March. Job #360 was not completed by the end of March. Madtack's actual overhead cost for the month of March totaled $11,500. Calculate Madtack's cost of goods sold for March after the overhead variance is closed.