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please show steps thank you Beacon Company is considering automating its production facility. The initial investment in automation would be $8.52 million, and the equipment

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Beacon Company is considering automating its production facility. The initial investment in automation would be $8.52 million, and the equipment has a useful life of 7 years with a residual value of $1,170,000. The company will use straight- line depreciation. Beacon could expect a production increase of 47,000 units per year and a reduction of 20 percent in the labor cost per unit. Current (no Proposed automation) (automation) 5 77,000 units 124,000 units Per Per Production and sales volume Unit Total Unit Total Sales revenue $ 92 $ ? $ 92 $ ? Variable costs Direct materials $ 17 $ 17 46:59 Direct labor 25 ? Variable manufacturing overhead 11 11 ped Total variable manufacturing costs 53 ? Contribution margin $ 39 ? $ 44 ? Fixed manufacturing costs $ 1, 080, 000 $ 2,240, 000 Net operating income ' ? ? Required: 1-a. Complete the following table showing the totals. (Enter your answers in whole dollars, not in millions.) Current (no automation) Proposed (automation) 77,000 units 124,000 units Production and Sales Volume Per Unit Total Per Unit Total Sales revenue $ 92 $ 92 Variable costs nirant materiale

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