Martinez Companys relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:

Average Cost per Unit

Direct materials $ 5.50

Direct labor $ 3.00

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 4.00

Fixed selling expense $ 2.50

Fixed administrative expense $ 2.00

Sales commissions $ 1.00

Variable administrative expense $ 0.50

1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? (Do not round intermediate calculations.)