Vontingeln Corporation uses activity based costing to compute product margins. In the first stage, the activity-based costing system allocates two overhead accounts-quipment depreciation and supervisory expense-to three activity cost pools-Machining Order Filling and Other-based on resource consumption. Data to perform these allocations appear below Overhead costs: Equipment depreciation 564.000 Supervisory expense 54.000 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling Other Equipment 0.50 0.30 0.20 depreciation Supervisory 0.10 0.10 0.80 expense In the second stage, Machining costs are assigned to products using machine hours (Ms) and Order Fitting costs are assigned to products using the number of orders: The costs in the other activity cost pool are not assigned to products Activity MHS (Machining Orders (Order Filling) Product:16 7,600 600 Product E 12400 Total 20.000 2.999 nally sales and direct cost data are combined with Machining and Order Filing costs to determine product margins. Sales and Direct Cost Data Product 16 Product 512 400 $147.000 Activity: Product 16 Product E9 Total MHS (Machining) 7,600 12.400 20.000 Orders (Order Filling) 600 400 1.000 Finally, sales and direct cost data are combined with Machining and Order Filling costs to determine product margins. Sales and Direct Cost Data: Product 16 Product E9 Sales (total) $182,400 $147,800 Direct materials (total) $93.700 $46,800 Direct labor (total) $52.700 $65.300 What is the product margin for Product 16 under activity-based costing? $2.000 $23,688 $11.928 $36,000