HI 5 Announcements CALCULATOR PRINTER VERSION BACK Exercise 191 Englehart, Inc. reports the following operating results for the month of August: Sales $450,000 (units 5,000); variable costs $280,000; and fixed costs $115,000. 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. 2. Reduce variable costs to 65% of sales. 3. Reduce fixed costs by $15,000. Compute the net income to be eamed under each alternative. Net Income 1. Increase selling price $ 2. Reduce variable costs 3. Raduce fixed costs Which course of action will produce the highest net income? will produce ligest net income. Click If you would like to show Work for this questions Open Show Work