Mirabile Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools-Processing, Supervising, and Other. The costs in those activity cost pools appear below Processing 5,880 Supervising $33,600 Other $12,100 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 appear below MHS Batches (Processing) (Supervising) Product MO Product M5 Total 800 800 1,600 11,400 12,000 10:35 PM 2/3/201 Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins Product Product MO $86,300 $98,400 $30,200 $33,100 $29,500 $43,400 M5 Sales (total) Direct materials (total) Direct labor (total) What is the product margin for Product M5 under activity-based costing? Multiple Choice $4,806