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Question is in photo below, please answer all the parts a-e. This is my second attempt so the numbers are different so I crossed off
Question is in photo below, please answer all the parts a-e. This is my second attempt so the numbers are different so I crossed off the old answers for the previous numbers in red. Disregard. Answers will be based off the question in the photo.
Broadening Your Perspective 6-2 (Part Level Submission) For nearly 20 years, Speciakzed Coatings has provided painting and galvaniaing services for manufacturers in its region. Marofacturers of various metal products have relied on the quality and quick turnaround tiame provided by Specialized Coatings and its 20 skiled enployees. During the last year as a rmult of a sharp uptum n the econo w the coroany's tales have inereased by 30% rethe t the previ e mt rhe fred y bas et ben hiewee ts capacity fast enough, so Specialized Coalings has had to turn work away because it cannot keep up with customer requets. Top management is considering the parchase of a sophisticated robotik painting booth. The booth would represent a corsiderable move in the direction of automation versus manual labor. 1f Specialized Coudings parchases the booth, a would most likely lay oft 15 of its skilled painters. To analyne the decision, the company compiled production Information from the mest recent year and then prepared a paralled compilation assuming that the company would purchase Current Automated Approach Appreach $1,760,000 $1,760,000 1,320,000 ,000 Centribution margin 440,000 880,000 Fixed costs Net income $106,000 $176,000 (ai) Compute the contribution margie ratio under each approach.(Round ratios to 0 decimal places, e.g. 1s Current approach Automated approach Contribution margin ratio Attempts: 0 e 2 uved SAVE FOR LATER Step by Step Solution
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