Ferris' Fun product has 500,000 units of capacity and an automation rating of 3.5. Considering Pg 14 of our Team Member Guide, how much would it cost (in dollars) to increase this products automation rating to 4.5. In addition, what impact would this have on the products contribution margin?

Group of answer choices

A.$14,000,000 & CM would decrease

B.$700,000 & CM would increase

C.$1,500,000 & CM would decrease

D.$10,000,000 & CM would increase

E.None of the answers presented is correct

2.

Here is an example of an Assessment Exam question:

Digby Co. had the following beginning-of-year balances in their two stockholders equity accounts:

Common Stock $62,000 Retained Earnings $50,000

For the current year, the company earned $47,750 in Net Profit, paid off $14,000 in long-term debt, issued $11,000 of common Stock and declared (and paid) $10,000 in dividends.

What will be the companys "Retained Earnings" balance at the end of the current year?

Group of answer choices

$32,300

$46,300

$73,750

$87,750

$98,750