Hambry's president has a goal of $1 million profit next year at each plant with no revenue or fixed cost increases. Determine the decreases in dollar amounts and percentages in variable cost necessary to meet this goal, if the number of units sold is the same as this year.

Hambry Enterprises produces a component for recycling uranium used as a nuclear fuel in power plant generators in France and the United States. Use the following cost and revenue figures, quoted in U.S. dollars per hundredweight (cwt), recorded for this year to calculate the answers for eachplant.

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Revenue, Si per cwt per cwt 8,500 12,500 Fixed Cost, Cost, Location France United States 3.50 2.65 3,900 9,900