Noted : Answers Should Be Computerized in excel or Word

Sun Company reports the following results for the month of November: Sales (10,000 units) Variable costs Contribution margin Fixed costs Net income S600,000 420,000 180,000 110,000 S 70.000 Management is considering the following independent courses of action to increase net ncome I. Increase selling price by 5% with no change in total variable costs 2, Reduce variable costs to 66 % % of sales. 3. Reduce fixed costs by $10,000 Required If maximizing net income is the obiective, which is the best course of action