CALCULATOR PRINTER VERSION 4 BACK Exercise 5-15 Your answer is partially correct. Try again. Yams Company reports the following operating results for the month of August: sales $400,000 (units 5,000), variable costs $240,000, and fixed costs $90,000 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 55% of sales. Compute the net income to be earned under each alternative. 1. Net Income 2. Net Income Alternative 1 Which course of action will produce the higher net income? Click if you would like to Show Work for this question: Open Show Work