Use the figure to answer the following question(s) .
Figure 8-3 
-Using Figure 8-3, calculate the total cost of producing four units.
Definitions:
Absorption Costing
An accounting method that includes all of the direct and indirect manufacturing costs in the cost of a product.
Product Cost
The total expenses incurred to create a product, including direct labor, materials, and overhead costs.
Variable Costing
An accounting method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of goods sold, treating fixed manufacturing costs as period costs.
Fixed Overhead
The set of expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.
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