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Question A [SK3: 4 Marks] Green Company reports the following results for the month of September: $1,200,000 840.000 360,000 220,000 S 140.000 Sales (10,000 units)
Question A [SK3: 4 Marks] Green Company reports the following results for the month of September: $1,200,000 840.000 360,000 220,000 S 140.000 Sales (10,000 units) Variable costs Contribution margin Fixed costs Net income Management is considering the following independent courses of action to increase net income 1. Increase selling price by 6% with no Reduce variable costs to 66% of sales 3. Reduce fixed costs by $20,000 change in total variable costs. Required: If maximizing net income is the objective, which is the best course of action
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