Problem - 12 Henderson Farms reports the following results for the month of November Sales (10,000 units) $600,000 Variable costs 420.000 Contribution margin 180,000 Fixed costs 110.000 Net income $ 70,000 Management is considering the following independent courses of action to increase net income. 1. 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. tlane