Question 1 0.5 pts Mugshot Monday, Inc (MMI) sells ceramic mugs for $20. Their maximum capacity is 75,000 mugs per period. Use the information below to determine whether MMI should accept a new order at a lower sales price. Assume taking this order will not impact their existing customer base. Use whole dollars only. Do not use the dollar ($) sign. MMI Sales and Cost Information for the Current Period Current Period Information Per Unit Total Sales 20 1,125,000 Direct Materials 1.50 84,375 Direct Labor 8.00 450,000 Variable Overhead ($0.50 per 4.00 225,000 DL$) Fixed Overhead ($0.50 per 5.60 315,000 DL$) - allocated Total Product Cost 19.10 1.074,375 Variable selling expense (5% of 1.00 56,250 sales dollars) Fixed selling expense (allocated based on units sold) .50 28,125 A new customer wishes to purchase 15,000 mugs for $15/unit. Calculate the Contribution Margin on this order. Calculate the CM on the new order New Order Dollar Value Sales Direct MaterialsA new customer wishes to purchase 15,000 mugs for $1S/unit. Calculate the Contribution Margin on this order. Calculate the CM on the new order New Order DollarValue Sales Direct Materials Direct Labor Variable Overhead Variable Selling Total Variable Costs Contribution Margin Would you recommend taking this order? (type yes or no)