Question: A company i s able t o implement one o f two strategies regarding a particular product: hire a marketing firm t o increase sales

A company is able to implement one of two strategies regarding a particular product: hire a marketing firm to increase
sales 17%or assign a product procurement manager who can reduce material cost for the product by4%. Currently,
the product has sales of $10,900,000. The costs of materials are $8,000,000, labor costs are $1,100,000, and
overhead costs are $800,000. What are the effects on net income of the two alternative strategies?
The change in net income after the 17% increase in sales is $
(Enter your response as a whole number.)
The change in net income due to the reduction in material costs is $
(Enter your response as a whole number.)
Based on the change in net income, the company should
 A company is able to implement one of two strategies regarding

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