XYZ Cоrpоrаtiоn's relevаnt rаnge of production is 7,000 to 11,000 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Cost per Unit Direct materials $ 7.05 Direct labor $ 3.50 Variable manufacturing overhead $ 1.65 Fixed manufacturing overhead $ 1.25 Sales commissions $ 1.00 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 0.50 For financial accounting purposes, the total amount of product costs incurred to make 11,000 units is closest to: