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Englehart, inc. reports the following operating results for the month of august: sales $450,000 (units 5,000); variable costs $280,000; and fixed costs $115,000. management is considering the following independent courses of action to increase net income. 1. increase selling price by 10% with no change in total variable costs. 2. reduce variable costs to 60% of sales. 3. reduce fixed costs by $15,000. compute the net income to be earned under each alternative.
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Englehart, inc. reports the following operating results for the month of august: sales $450,000 (un...
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