Business, 12.03.2020 03:30 marianaescamilla404

Pharoah Company reports the following operating results for the month of August: sales $360,000 (units 4,800), variable costs $245,000, and fixed costs $92,000. 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 61% of sales. Compute the net income to be earned under each alternative.

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Pharoah Company reports the following operating results for the month of August: sales $360,000 (uni...

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