Business, 18.03.2021 01:10, pizarroisaid

Ivanhoe Company reports the following operating results for the month of August: sales $392,000 (units 4,900), variable costs $247,000, and fixed costs $96,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 10% with no change in total variable costs or units sold.
2. Reduce variable costs to 57% of sales.
3. Reduce fixed costs by $22,000.

Which course of action wiIl produce the highest net?

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Ivanhoe Company reports the following operating results for the month of August: sales $392,000 (uni...