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11. Henderson Farms reports the following results for the month of November Sales (10.000 units) Variable costs Contribution margin Fixed costs Net income $600,000 420,000
11. Henderson Farms reports the following results for the month of November Sales (10.000 units) Variable costs Contribution margin Fixed costs Net income $600,000 420,000 180,000 110,000 S 70,000 Management is considering the following independent courses of action to increase net ncome. I Increase selling price by 5% with no change in total variable costs. 2. Reduce variable costs to 66%% of sales. 3. Reduce fixed costs by $10,000. Instructions If maximizing net income is the objective, which is the best course of action
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