please endeavor to do both part a and especially b theyre connected thanks!

b.)What percentage improvement is needed in the sales strategy for profit to improve to $47, 000? What must sales be for profit to improve to $47,000?

An increase of % in sales is required to vield a profit of S47,000. for a new new level of sales of S

I. Enter your response for the percentage increase to one

decimal place and enter your response for the new sales as a whole number.)

Hau Lee Furniture, Inc, spends 45% of its sales dollars in the supply chain and finds its current profit of $42,000 inadequate. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment Hau would like to improve the profit line to $47.000 so he can obtain the bank's approval for the loan Sales Cost of material Production costs Fixed cost Profit Current Situation $140,000 $63,000 (45%) $21,000 (15%) $14.000 (10%) $42.000 (30%) a) What percentage improvement is needed in the supply chain strategy for profit to improve to $47,000? What is the cost of material with a $47,000 profit? A decrease of% in material (supply-chain) costs is required to yield a profit of $47.000, for a new material cost of $ (Enter your response for the percentage decrease to one decimal place and enter your response for the new material cost as a whole number) D