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A company is able to implement one of two strategies regarding a particular​ product: hire a...

A company is able to implement one of two strategies regarding a particular​ product: hire a marketing firm to increase sales 23​% or assign a product procurement manager who can reduce material cost for the product by 4​%. ​Currently, the product has sales of ​$10 comma 500 comma 000. The costs of materials are ​$7 comma 000 comma 000​, labor costs are ​$1 comma 100 comma 000​, and overhead costs are ​$600 comma 000. What are the effects on net income of the two alternative​ strategies? The change in net income after the 23​% increase in sales is ​$ nothing. ​(Enter your response as a whole​ number.)

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jeff jeffy answered 1 year ago
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