Hau lee furniture, inc., spends 55% of its sales dollars in the supply chain and finds its current profit of $16 comma 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 $21 comma 000 so he can obtain the bank's approval for the loan. current situation sales $80 comma 000 cost of material $44 comma 000 (55%) production costs $12 comma 000 (15%) fixed cost $8 comma 000 (10%) profit $16 comma 000 (20%) a) what percentage improvement is needed in the supply chain strategy for profit to improve to $21 comma 000? what is the cost of material with a $21 comma 000 profit? a decrease of 11.4% in material (supply-chain) costs is required to yield a profit of $21 comma 000, for a new material cost of $ 39000. (enter your response for the percentage decrease to one decimal place and enter your response for the new material cost as a whole number.) b) what percentage improvement is needed in the sales strategy for profit to improve to $21 comma 000? what must sales be for profit to improve to $21 comma 000? an increase of nothing% in sales is required to yield a profit of $21 comma 000, for a new new level of sales of $ nothing. (enter your response for the percentage increase to one decimal place and enter your response for the new sales as a whole number.)

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments. suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal. supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal. prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal. insurance expensejan. 31 bal. 164 164 jan. 31 bal. wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal. wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal. truckjan. 31 bal. 17,376 17,376 jan. 31 bal. accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal. a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year. c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths