Formula Help


I have created a sheet with a column with a drop-down and two options with different costs associated with each one. I am trying to create a formula so that when one option is chosen, the charge is added to a column. For example, if someone chooses Exam Extension, the Cost is $100, so in the column Total Cost, I'd like $100 to populate, or if they select Extension Program, the cost is $500, and I'd like it to populate the Total Cost column. I feel like it's an "If" formula, but I can't make it work.

Any help is greatly appreciated.

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