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Hau Lee Furniture, Inc., spends 60% of its sales dollars in the supply chain and finds its current profit of S10,000 inadequate. The bank is

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Hau Lee Furniture, Inc., spends 60% of its sales dollars in the supply chain and finds its current profit of S10,000 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 60,000 (60%) $20,000 (20%) $10,000 (10%) $10,000 (10%) a) What percentage improvement is nee ded in the suppy chain strategy for profit to improve to $25,000? What is the cost of material with a $25,000 profit? A % decrease in material supply chain costs is required to yield a profit of S25 000, for a new material cost of s(Enter your responses as whole numbers)

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