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Sheridan Company Report the following of operating results for the month of August cells 375,000(5000...

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Accounting

Sheridan Company Report the following of operating results for the month of August cells 375,000(5000 units), variable cost $248,000 and fix cost $97,000 management is considering the following independent courses of action to increase net income.
1. Increase the unit selling price by 16% with no change in total variable cost, fixed cost or unit sold.
2. Reduce variable cost to 57% of sales while holding fixed cost, quantity and unit selling price constant
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