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Current Attempt in Progress Cullumber Company reports the following operating results for the month of August: sales $357,000 (5,100 units), variable costs $259,000, and foxed costs $99,000. Management is considering the following independent courses of action to increase net incame. 1. Increase the unit selling price by 10% with no change in total variable costs, fored costs, or units sold. 2. Reduce variable costs to 66% of sales while holding fixed costs, quantity, and unit selling price constant. Compute the net income to be eamed under each alternative. 1. Net income 2. Net income $ Which course of action will produce the higher net income? eTextbook and Media