Spendlove Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $1,506,484 62,200 machine-hours Processing orders $70,547.40 2,310 orders Inspection $116,219 1,630 inspection-hours The company makes 1,210 units of product S78N a year, requiring a total of 1,950 machine-hours, 87 orders, and 38 inspection-hours per year. The product's direct materials cost is $52.44 per unit and its direct labor cost is $19.38 per unit. The product sells for $122.40 per unit. According to the activity-based costing system, the product margin for product S78N is: (Round your intermediate calculations to 2 decimal places.) $8,606.42 $11,315.82 $61,201.80 $11,263.40