Moving to another question will save this response. Question 3 Bahrain Company reported the following costs and expenses for the most recent month: Direct materials $80.000 Direct labor $42.000 Manufacturing overhead (3/5 is fixed) $50,000 Selling expenses (1/2 is variable). $22,000 Administrative expenses (all fixed).. $35,000 If the sales were $200,000 1-Compute the followings: A-The total variable costs. B-Cost of Goods Sold. 2-Prepare A-Income statements according to traditional approach. B-Income statements according to contribution margin approach For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIVS Paragraph 3 Arial 10pt > > >