Martini Ltd is organised into three divisions: Metro, Regional and Rural. Data for these divisions for the 2020 financial year end were as follows:
| Metro | Regional | Rural | |
| Production and sales in units | 52,500 | 36,000 | 35,000 |
| Average selling price per unit | $28 | $24 | $22 |
| Average variable manufacturing cost per unit | $12 | $10 | $8 |
| Average variable selling cost per unit | $5 | $3.50 | $3 |
| Fixed expenses controlled by division managers | $325,000 | $250,000 | $220,000 |
| Fixed expenses allocated to the divisions | $200,000 | $180,000 | $140,000 |
| Common fixed expenses: $160,000 | |||
Required:
Prepare a profit statement that highlights the performance of the three divisions and the performance of three divisional managers
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