The following information is available for Dakota Company: Dakota Company has decided to allocate is manufacturing overhead cost using activity-based costing It is determined that $200,000 of manufacturing overbead is for facility support costs and therefore will not be used in computing gross margin for the individual products. The remaining $1,000,000 in manufacturing overhead will be allocated based on batch-level and product line manufacturing as follows: What is Dakota Company's gross margin for Product l using ACTIVITY-BASED COSTING? $400,000$520,000$450,000$370,000 Ferron has a total of $1,000,000 in manufacturing oveshead costs, of this amount, $700,000 is directly related to the number of product batches peoduced turing the ywar. The for facility support (property tanes, security costs, general administration, ete) and doesn't not vary at all with the level of activiry. What would total company NET INCOME be if the Product 2 line were dropped? Aspume that Ferron has no other costs or expensel eacept those described here. Profit of $30,000 Profic of $180,000 Loss of $120,000 Loss of $270.000 Ballurd Company is implemunting an activity based costing (ABC) bysem. Under such a system, how are facility wupport conts trwated? As direct labor costs that are assigned to specific products As common costs that are not assigned to any specific product As adverusing costs that are excluded from the compution of eross operaing profic As diect materials costs that are assened to specific products