Premier Corporation sells two models of home ice cream makers, Mister Ice Cream and Cold King. Current sales total 60,000 units, consisting of 21,000 Mister Ice Cream units and 39,000 Cold King units. Selling price and variable cost information follow: Mr. Ice Cream Cold King Selling Price P37.00 243.00 Variable Cost 20.50 32.50 Salespeople currently receive flat salaries that total P200,000. Management is contemplating a change to a compensation plan that is based on commissions in an effort to boost the company's presence in the marketplace. Two plans are under consideration: Plan A: 10% commission computed on gross peso sales. Mister Ice Cream sales are anticipated to be 19,500 units. Cold King sales are expected to total 45,500 units. Plan B: 30% commission computed on the basis of production contribution margins. Mister Ice Cream sales are expected to total 39,000 units. Cold King sales are anticipated to be 26,000 units . How much will be the increase or decrease in the net income of Premier if Plan A will be implemented? OP 24,300 decrease OP 24,300 increase OP 74,950 decrease O 74,950 increase Toledo Toy Company incurred the following costs during 20x4. The company sold all of its products manufactured during the year. Direct Materials 5,000,000 Direct Labor 3,500,000 Manufacturing Overhead: Utilities (primarily electricity) 250,000 Depreciation Plant and Equipment 350,000 Insurance 260,000 Supervisory Salary 470,000 Property Taxes 330,000 Selling Cost: Advertising 315,000 Sales Commission 145,000 Administrative Costs: Salaries of Top management 580,000 Office Supplies 70,000 Depreciation on Building and Equipment 140,000 During 20x4, the company operated at about half of its capacity, due to a slowdown in the economy. Prospects for 20x5 are slightly better. Jared Lowes, the marketing manager, forecasts a 30 percent growth in sales over the 20x4 level How much is the total variable cost of Toledo Toy Company in 20x5? O P11,238,500 O P11,563,000 O P11,375,000 O P11,050,000