ON arses/119937/assignments:/869502 - Your answer is partially correct. Crane Company reports the following operating results for the month of August: sales $420,000 (units 5,600), variable costs $254.000, and fixed costs $94,000. Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 12% with no change in total variable costs or units sold. 2. Reduce variable costs to 58% of sales. Compute the net income to be earned under each alternative. 1. Net Income S Net Income $ 2. Amative Which course of action will produce the higher net income? Attempts: 1 of 7 used