Barnes Company reports the following operating results for the month of August sales $395.000 (units 5.000h variable costs $219,000, and find couts 571.400. 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 selling price by 10% with no change in total variable costs or sales volume Net Income $ 2. Reduce variable costs to 60% of sales Net income 5 3. Reduce fed costs by $20,000 Net Income $ Which course of action will produce the highest net income! e Textbook and Media