Current Attempt in Progress Barnes Company reports the following operating results for the month of August: sales $300,000 funits 5,000); variable costs $210,000; and fixed costs $70,000. 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 55% of sales. Net income 3. Reduce fixed costs by $18,000, Net Income $ Which course of action will produce the highest net income? eTextbook and Media Alternative 3 Save for Later Attempts: 0 of 3 used Submit Answer Alternative 2 Alternative 1