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Using the Data Below, to Achieve a $60,000 Increase in Revenue

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Using the data below, to achieve a $60,000 increase in revenue, how much would sales have to increase?  Dollars  Percent of Sales Revenue $1,000,000100% Cost of Goods Sold Direct Material $500,00050% Direct Labor20%Factory Overhead $200,00020%Total Cost of Goods $900,00090%Gross Profit $100,00010%\begin{array}{llcc}&& \text { Dollars }& \text { Percent of Sales}\\ \text { Revenue } &&\$1,000,000&100\%\\ \text { Cost of Goods Sold } &\\ \text {Direct Material } &\$500,000&&50\%\\ \text { Direct Labor} &\underline{\quad\quad}&&20\%\\ \text {Factory Overhead } &\$200,000&&20\%\\ \text {Total Cost of Goods } &&\underline{\$900,000}&90\%\\ \text {Gross Profit } &&\$100,000&10\%\\\end{array}

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Definitions:

Action-oriented Statements

Phrases designed to motivate or direct action, often used in persuasive writing and speeches.

Customer Engagement

The process of building a relationship with customers through various forms of interaction and communication.

Falsifying Information

The act of deliberately changing or fabricating data or records with the intent to deceive.

Productive Ways

Efficient and effective methods or strategies for achieving tasks, goals, or objectives.

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