ABC COMPANY, a highly diversified company, has two main divisions operating in the Philippines, namely: Cartoon and Plastic Division The manager of the Cartoon Division of ABC COMPANY has given you the following information related to-budgeted operations for the coming year 2022. Sales (100,000 units at P5) 500,000 Variable costs at P2 per unit 200,000 Contribution margin 300,000 Fixed costs 120,000 Division profit 180,000 Divisional investment 800,000 Cartoon's budgeted volume includes 20,000 units that' the manager of Cartoon expects to sell to the Plastic Division of ABC company. However, the manager of plastic division has received an offer from an outside company to supply the 20,000 units at P4.20. If Cartoon Division doesn't meet the P4.20 price plastic division will buy from the outside company. Cartoon division could save P25,000 in fixed costs if it dropped its volume from 100,000 units to 80,000 units. REQUIRED: As a management consultant of ABC Company, you were asked the following: 1. Determine Cartoon's profit assuming that it meets the P4.20 price. 2. Determine Cartoon's profit if it fails to meet the price and loses the sales. 3. Determine the effect on the company's total profit if Cartoon Division meets the P4.20 price. Briefly explain you answer. 4. Determine the effect on the company's total profit if Cartoon Division does not meet the P4.20 price. Briefly explain your