ake Corporation's relevant range of activity is 5,200 units to 6,000 units. When it produces and sells 5,600 units, its average costs per unit are as follows:

	Average Cost per Unit
Direct materials	$	6.55
Direct labor	$	3.80
Variable manufacturing overhead	$	2.15
Fixed manufacturing overhead	$	3.50
Fixed selling expense	$	1.05
Fixed administrative expense	$	0.75
Sales commissions	$	0.85
Variable administrative expense	$	0.75

For financial reporting purposes, the total amount of product costs incurred to make 5,600 units is closest to:

• $19,600

• $70,000

• $89,600

• $98,560