Question 3 View Policies Current Attempt in Progress Barnes Company reports the following operating results for the month of August: sales $320,000 (units 5,000); variable costs $210,000; and fixed costs $71,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net incomes 2. Reduce variable costs to 58% of sales. Net incomes 3. Reduce fixed costs by $23,000. Net income Which course of action will produce the highest net income? e Textbook and Media Save for Later Attempts: 0 of 3 used Submit