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F7 H Blossom Company reports the following operating results for the month of August: sales...

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Accounting

F7 H Blossom Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $210,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase unit selling price by 10% with no change in total variable costs or sales volume. Net income 2. Reduce variable costs to 55% of sales. Net income & 7 3. Reduce fixed costs by $18,000. Net income 8 N F8 $ U hich course of action will produce the highest net income? J $ 8 $ M F9 1 K prt sc 9 F10 O alt 1 home ) 0 L F11 P ctrl end F12 insert +11 delete { [ 1: ? } 13 4x O pg 1:42 PM 9/19/2023 pg enter shift
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Blossom Company reports the following operating results for the inonth of Augut: soles $300,000 (units 5,000 ); variable costs $210,000, and fored costs $70,000 Management is considering the following independent courses of action to increasenet income Compute the net income to be earned under each alternative 1 Increase unit seline price by 10% with no change in total variable costs or vales volume: 2. Reduce variable costs to 55% of sales. 3. Peduce fixed costs by $18,000

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