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 ad c Equipment expense Indirect labor $96,000 $ 4,000 ribution of Resource Consumption Across Activity Cost Pools Processing 0.40 0.30 Activity Cost Pools Supervising 0.20 0.50 Other 0.40 020 Equipment expense 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 for the company's two products follow MHs Batches MHs Batches (Processing)(Supervising) Product R4 Product L2 6,800 13,200 20,000 400 1,000 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 $234.600 $ 81100 $116.600 Product Sales (total) Direct matenals (total) Direct labor (total) $269,600 $120.200 $ 93.200 What is the product margin for Product L2 under activity-based costing? O $32764 O $69.300 O $17344 O $56.200