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Question $1$

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Take a look at the following company information:

Sales $(000$s$)$ $ $1126$

Direct Materials $(000$s$)$ $ $641$

Direct Labour $(000$s$)$ $ $248$

Gross Profit $(000$s$)$ $ $237$

Selling and Admin Expense $(000$s$)$ $ $152\mathrm{.}8$

Net profit

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If we decrease the direct materials cost by $3\%,$ what is the new Net Profit?

Show your answer to $2$ decimals and include the correct unit.

Answer:

$$104\mathrm{.}43$

Question $2$

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Consider the following company information:

Sales $(000$s$)$ $ $2433$

Direct Materials $(000$s$)$ $ $474$

Direct Labour $(000$s$)$ $ $278$

Gross Profit $(000$s$)$ $ $1681$

Selling and Admin Expense $(000$s$)$ $ $255$

Net Profit $ $1426$

If the company wants to achieve an increase in Net Profit of $$10,000,$ how much revenue would they have to generate?

Show your answer to $2$ decimal places and include the correct unit.