(LO 3) 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

• $69,726.04
• $89,356.14
• $68,822.42
• $229,000.00
• $78,000.00