$240 per seat and fixed costs of $1,600,000. It is considering automating the upholstery process, which is now largely manual. It estimates that fit does so, its fixed costs will be $2,400,000, and its variable costs will decline to $100 per seat. E-Z Seats manufactures swivel seats for customized vans. It currently manufactures 8,000 seats per year, which it sells for $520 per seat. It incurs variable costs of With the class divided into groups, answer the following questions. Prepare a CVP income statement based on current activity. E-Z Seats CVP Income Statement