Hau Lee Furniture, Inc., spends 50% of its sales dollars in the supply chain and finds its current profit of $20,000 inadequate. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Hau would like to improve the profit line to $25,000 so he can obtain the bank's approval for the loan Sales Cost of material Production costs Fixed cost Profit Current Situation $100,000 $50,000 (50%) $15,000 (15%) $15,000 (15%) $20,000 (20%) a) What percentage improvement is needed in the supply chain strategy for profit to improve to $25,000? What is the cost of material with a $25,000 profit? A decrease of % n material supply chain) costs is required to yield a profit of $25,000 for a new mate al cost of $ decrease to one decimal place and enter your response for the new material cost as a whole number.) enter your esponse or the percentage