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: Activity Cost Pool Activity 1 Activity 2 Budgeted Cost $70,000 $45.000 $82,000 Budgeted Activity Product Product 6,000 9.000 70000 15000 2,500 10001 Product C 20,000 8.000 1625 Activity 3 How much overhead will be assigned to Product B using activity-based costing? $56,500 $78,000 $62,500 $197.000 O $70,000