Blossom company

Blossom Company reports the following operating results for the month of August: sales $350,000 ( 5,000 units), variable costs $247,000, and fixed costs $99,000. Management is considering the following independent courses of action to increase net income. 1. Increase the unit selling price by 10% with no change in total variable costs, fixed costs 2. Reduce variable costs to 63% of sales while holding fixed costs, quantity, and unit sellin Compute the net income to be earned under each alternative. 1. Net income 2. Net income $ Which course of action will produce the higher net income