Question: 11B-1. Can someone show me how to do this problem? Will rate a thumb up for good response thanks so much (Please highlight final answer
11B-1. Can someone show me how to do this problem?
Will rate a thumb up for good response thanks so much (Please highlight final answer thx)

Kamal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $30,800 (as shown in the statement below) inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve profit line to $40,800 so he can obtain the bank's approval for the loan. % of sales Sales Cost of supply chain purchases Other production costs Fixed costs Profit 280,000 182,000 39,200 28,000 30,800 100% 65% 14% 10% 11% a) What percentage improvement is needed in a supply chain strategy for profit to improve to $40,800? What is the cost of material with a $40,800 profit? A decrease of % in supply-chain costs is required to yield a profit of $40,800, for a new cost of supply chain purchases of $( (Enter your response for the percentage decrease to one decimal place and enter your response for the new supply chain cost as a whole number.) b) What percentage improvement is needed in a sales strategy for profit to improve to $40,800? What must sales be for profit to improve to $40,800? An increase of % in sales is required to yield a profit of $40,800, for a new new level of sales of $| sales as a whole number.) 1. (Enter your response for the percentage increase to one decimal place and enter your response for the new
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
