LEE company has provided the following information about the company Sales (1200 units] $178000 Manufacturing Overhead (Fixed) $ 28000 Manufacturing Overhead (Variable) $ 20000 Selling cost (variable] $ 19600 Selling cost (fixed) $ 12000 $ 24500 Variable admin expenses Fixed admin expenses $ 15000 Capacity of producing 6000 units Units produced 8500 units REQUIRED 1. Calculatethe net income using contribution approach 2. Find CM per unit and the CMR 3. Determine the breakeven point in units and dollars 4. Calculate margin of safety in dollars and in percentage. 5. The sales manager believes that a proiect of the company could