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please answer this comprehensively MODULE TEST Given the following Profit and Loss Statement: Sales Cost of Goods Sold P150,000.00 80,000.00 P 70,000.00 Gross Profit Expenses:

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please answer this comprehensively

MODULE TEST Given the following Profit and Loss Statement: Sales Cost of Goods Sold P150,000.00 80,000.00 P 70,000.00 Gross Profit Expenses: Salaries Transportation Storage & Warehousing Postage P45,000.00 7,000.00 5,000.00 500.00 P 57,500.00 Net Profit P 12,500.00 The following are the functional departments and their allocated expenses: Total Selling Dept. Advertising Dept. Purchasing Dept. 45,000 7,000 P20,000 4,000 P10,000 2,500 P15,000 500 Salaries Transportation Storage & Warehouse Postage 5,000 500 3,000 200 1,000 150 1,000 150 Totals P57,500 P27,200 P13,650 P16,650 ====== 26 Factors of Variability Selling Advertising Purchasing Number of sales calls Advertising space used Units bought Sales Calls Advertising Space Purchased Units Branch No. 1 Branch No. 2 Branch No. 3 200 100 100 500 col. in. 200 col. in. 100 col. in. 200 units 100 units 200 units 400 calls 800 col. in. 500 units It is assumed that the cost of sales is in the same ratio as the number of units purchased, and that sales is allocated as follows: Branch No. 1 Branch No. 2 Branch No. 3 P80,000.00 30,000.00 40,000.00 Total Sales P150,000.00 and Loss Statement by branch. Problem: Prepare the Profit (30 points)

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