Dawson Company has been producing and selling 100,000 units per year. They have excess capacity, and there are no beginning and ending inventories. The following budget was prepared for the next year. Selling price per unit $11.00 Direct materials per unit 55.00 Direct labor per unit Variable manufacturing overhead per unit Variable selling and administrative per unit 50.25 Total fixed manufacturing overhead costs $50,000 Total fixed selling and administrative 515,000 $3.00 $1.00 Under the Contribution Approach provide the following information: (1) What is total sales? $ (4 pts.) (2) What is the variable Manufacturing Cost of Goods Sold? $ (3 pts.) (3) What is total Variable Expenses? 5 (3 pts.) (4) What is the Contribution Margin? (3 pts.) (5) What is the Operating Income? 5 (3 pts.) vernedd COSE Total fixed selling and administrative SO0000 $15,000 Under the Contribution Approach provide the following information: (1) What is total sales? $ (4 pts.) (2) What is the Variable Manufacturing Cost of Goods Sold? $ (3 pts.) (3) What is total Variable Expenses? $ (3 pts.) (4) What is the Contribution Margin? $ (3 pts.) (5) What is the Operating Income? $ (3 pts.) Under the Absorption Approach provide the following information: (6) What is the Manufacturing Cost of Goods Sold? $ (3 pts.) (7) What is the Operating Income? $ (3 pts.) ohnson-As docx Nirah