There are 8 questions in this part. Each calculation question is worth 10 points totally 80 points. D Question 3 10 pts Consider the following situation: If the cost of manufacturing which includes direct material and direct laboris 70% of sales and profit is 10% of sales, a) what would be the improvement in profit if, through your better planning and control, the cost of manufacturing was reduced from 70% of sales to 50% of sales? b) how much would sales have to increase to provide the same increase in profits? O 200%, 120% O 120%, 167% O None of these O 300%, 120% 300%, 167% Next Previous 85 BI O ON DELL Deis F11 F10 F9 F8 F7 F6 8