Status: QUESTION 1 1sseWashington & Brothers reports the following information for the month of July Sales (5,000 units) Variable Costs $ 325,000 Contribution Margin Fixed Costs Net Income (Loss) 115,000 $ 40,000 Management is considering the following as potential strategies to increase sales. A Increase fixed costs, $15,000 C Increase sales price by 7 5% What is the net income under any two strategies? increase variable cost to 70% of sales REQUIRED Based on the two strateties you selected which one do you recomme e Soue and Simt to save and submit, CHick Sauve All Anwr to ov all a