A company is able to implement one of two strategies regarding a particular product: hire...
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Accounting
A company is able to implement one of two strategies regarding a particular product: hire a marketing firm to increase sales or assign a product procurement manager who can reduce material cost for the product by Currently, the product has sales of $ The costs of materials are $ labor costs are $ and overhead costs are $ What are the effects on net income of the two alternative strategies?
The change in net income after the increase in sales is
The change in net income due to the reduction in material costs is
Based on the change in net income, the company should hire a marketing firm or assign a product procurement manager?
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