PROBLEM K. The owners of Taxi Company Mart have been looking for ways to improve sales at the store. One of the proposals is to have a weekly raffle with a total prize of P10,000 per week. For every P50 worth of goods purchased, the customer shall receive a numbered ticket for the raffle. The variable cost to print and distribute the ticket has been estimated at five pesos (P5.00). Promotions and other fixed costs in connection with the raffle, likewise, have been estimated at P15,000 per week. The current weekly operating results of Taxi Company Mart are given below. Sales P1,000,000 Variable Costs 700,000 Fixed costs for the week 120,000 11. If the company's objective in conducting the weekly raffle is to double its present profit, how much sales must be generated to attain this profit objective?Problem E. At a sales volume level of 2,250 units, Paalam Company's contribution margin is one and one-half of the fixed costs of P36,000. Contribution margin is 30%. 5. How much peso sales should Paalam Company sell to earn 10% of sales?PROBLEM L. Dragon Company wants to earn a 6% return on sales after taxes. The company's effective income tax rate is 40%, and its contribution margin is 30%. 13. If Alpine has fixed costs of P240,000, what is the amount of sales required to earn the desired rate of return