Lake Corporation has an activity-based costing system with three activity cost pools-Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Overhead costs. Equipment expense $96,000 $4,000 Indirect labor Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Processing Supervising Other Equipment expense 0.40 0.20 0.40 0.30 0.50 0.20 Indirect labor Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data forthe company's two products follow: Activity MHs (Processing) Batches (Supervising) Product R4 6,800 400 Product L2 13,200 600 Total 20.000 000 Finally, the costs of Processing and Supervising are combined with the following sales and direct cost data to determine product margins. Sales and Direct Cost Data Product R4 Product L2 Sales (total) $234,600 $269,600 $120,200 Direct materials (total) $81,100 $116,600 $93,200 Direct labor (total) What is the overhead cost assigned to Product L2 under activity-based costing? O $50,000 O $26.136 O $12720 O $38,856