If a company, through global sourcing, decreased direct material by 7%, operating profit is %? $ % 1,000,000 100 Sales Rev Cost of Goods Sold (COGS) Direct Material Direct Labor Factory Overhead Total COGS Operating Profit 500,000 50 200,000 20 300,000 30 900,000 90 = 100000 = 10 greater than 17% 17% cannot be determined because the change in sales revenue is not known cannot be determined because operating profit before the decrease is not known O greater than 7% If a company, through global sourcing, decreased direct material by 7%, operating profit is %? $ % 1,000,000 100 Sales Rev Cost of Goods Sold (COGS) Direct Material Direct Labor Factory Overhead Total COGS Operating Profit 500,000 50 200,000 20 300,000 30 900,000 90 = 100000 = 10 greater than 17% 17% cannot be determined because the change in sales revenue is not known cannot be determined because operating profit before the decrease is not known O greater than 7%