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Help me please! Exercise 22-12 Your answer is partially correct. Yams Company reports the following operating results for the month of August: sales $387,100 (units

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Exercise 22-12 Your answer is partially correct. Yams Company reports the following operating results for the month of August: sales $387,100 (units 4,900), variable costs $254,000, and fixed costs $91,000. Management is considering the following independent courses of action to increase net income. I. Increase selling price by 15% with no change in total variable costs or units sold. 2. Reduce variable costs to 68% of sales. Compute the net income to be earned under each alternative. (Round intermediate calculations to 2 decimal places e.g. 2.25 and final answer to o decimal places, e.g. 12,125.) 1. Net Income 80,700 2. Net Income32872 Which course of action will produce the higher net income??Alternative 1

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