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A company wants to evaluate the effects of a reduction in material cost of 7 % and an increase in sales of 1 1 %

A company wants to evaluate the effects of a reduction in material cost of 7% and an increase in sales of 11% on a product with the following current characteristics: labor costs of $1,200,000,
material costs of $4,100,000, overhead of $680,000, and sales of $8,200,000.
What are the effects on net income with a 7% reduction in material costs? What is the effect with a 11% increase in sales?
The change in net income due to the reduction in material costs is $
.(Enter your response as a whole number.)
The change in net income after the 11% increase in sales is q
(Enter your response as a whole number.)
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