Strategic Initiatives and CSR Blue Skies Inc. is a retail gardening cor nitiative aimed at increasing gross profit. Currently, the company's gross profit is 25% of sales, and its target gross profit percentage is 30%. The company's current monthly sales revenue is $600,000. twice as much as Procedure 2. 1. Determine what the cost of labor, materials, and overhead for both Procedures 1 and 2 would need to be for the company to meet its target gross profit. Cost makeun of Procedure 2: Maximum new cost of P1 overhead materials