Using the spreadsheet on Page 7, extend the savings in our COGS by 1% and replicate this five (5) times, showing how it would impact Prices (CIF & FOB), and Gross Profit in each case. Recommend using a spreadsheet, but I will accept handwritten on this one.

What if....... CIF $ 1.363 $ 1.350 $ 1.336 $ 1.322 $ 1.309 $ 1.295 Given COGS-1% COGS-2% COGS-3% COGS-4% COGS-5% FOB $ 1.260 $ 1.247 $ 1.235 $ 1.222 $ 1.210 $ 1.197 COGS $ 0.882 $ 0.873 $ 0.864 $ 0.856 $ 0.847 $ 0.838 Gross Profit $ 0.378 $ 0.374 $ 0.370 $ 0.367 $ 0.363 $ 0.359