E-Z Seats manufactures swivel seats for customized vans. It currently manufactures 12,000 seats per year, which it sells for $510 per seat. It incurs variable costs of $180 per seat and fixed costs of $2,360,000. It is considering automating the upholstery process, which is now largely manual. It estimates that if it does so, its fixed costs will be $3,540,000, and its variable costs will decline to $140 per seat. With the class divided into groups, answer the following questions.

Your answer is correct. Prepare a CVP income statement based on ourent actvity CVP Income Statement Net IncomaLess) Attempts: 3 of 3 used Your answer is partially correct. Try again. Compute contribution margin ratio reak even point in dollars margin sarety ratio, and de ree o operating evera e based on current activity tourn raus ndo e ree of opera ang everage o 2 decmd piace e.2.5 and bredk-even on in lars to decimal places, e.g. 2,520.) Contrlbutlon margin ratio Break-even point in dollars Margin of safety ratio Dagree of operating leverage n dollars Attempts: 3 of 3 used