Ollivier 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 allocatlons follow Overhead costs Equipment expense Indirect labor $98,000 $7,900 Distribution of Resource Consumption Across Activity Cost Pools Activity Cost Pools Processing SupervisngOther Equipment expense Indirect labor 0.20 0.20 0.60 0.50 0.20 0.30 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 Activity MHs (Processing)Batches (Supervising) Product C4 Product L7 Total 18,700 2,070 20,770 710 1,340 2,050 What is the overhead cost assigned to Product L7 under activity-based costing? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) O $43,129 O $2.111 $41,017 O $53107