The cost analysis can be done using the Full Cost Approach or the Contribution Margin Approach. What is the rationale behind each approach. Use the following information and perform the Full Cost and the Contribution Margin approach and find the profit under each method. Total Revenue =$1 Million Revenue for department 1=$400,000 23=$300,000=$300,000 Cost of Goods sold for Dept. 1=$340,000 nnnn2=$250,0003=$300,000 Total administrative expenditure (fixed cost) =$30,000 Totalsellingexpense(variablecost)nn""n"=$40,000fordept1n"n=$16,000=$12,000=$12,000 Topic 2 a. When deciding on the type of sales force to be used (agent vs. company sales force), a manufacturer has to use the cost and control criteria. What is meant by these, Use appropriate figures, etc, to answer this. b. Briefly describe the different aspects (stages) of managing a sales force. Topic 3 You are planning to open a store and are not sure whether you should ha a brick-and-mortar store or strictly an on-line store from where customers can buy. Compare and contrast the advantages and disadvantages of each method of marketing