Dake Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $7.05 Direct labor $3.20 Variable manufacturing overhead $1.80 Fixed manufacturing overhead $3.30 Fixed selling expense $1.10 Fixed administrative expense $0.80 Sales commissions Variable administrative expense $0.90 $0.80 For financial reporting purposes, the total amount of product costs incurred to make 5,000 units is closest to: 112 For financial reporting purposes, the total amount of product costs incurred to make 5,000 units is closest to: Multiple Choice $76.750 $60,250 $85,250 $16,500