7. A company uses activity-based costing to determine the costs of its three products: A, B and C. The budgeted cost and activity for each of the company's three activity cost pools are shown below. Budgeted Activity Activity Cost Budgeted Product A Product B Product C Cost Activity I Activity 2 Activity 3 $70.000 $45,000 $82.000 6,000 9,000 00015,000 1,000 20,000 8,000 1,625 2.500 How much overhead will be assigned to Product B using Activity Based Costing