Yams company reports the following operating results for, Ask an Expert

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Yams Company reports the following operating results for the month of August: sales $350,000 (units 5,000), variable costs $248,000, and fixed costs $97,000. Management is considering the following independent courses of action to increase net income.

1. Increase selling price by 11% with no change in total variable costs or units sold.

2. Reduce variable costs to 57% of sales.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91958646

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