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 in the following table:

				Budgeted Activity
Activity Cost Pool	Budgeted Cost			Product A			Product B			Product C
Activity 1	$	78,000			6,800			9,800			20,800
Activity 2	$	53,000			7,800			15,800			8,800
Activity 3	$	98,000			3,300			1,800			2,425

How much overhead will be assigned to Product B using activity-based costing?

Multiple Choice

• $68,822.42

• $69,726.04

• $229,000.00

• $78,000.00

• $89,356.14