Required information Complete the following table showing the totals.

Note: Enter your answers in whole dollars, not in millions.

PA$11-2($Static$)$ Making Automation Decision $[$LO $11-1,11-2,11-3,11-5]$

$[$The following information applies to the questions displayed below.$]$

Beacon Company is considering automating its production facility. The initial investment in automation would be $$15$ million, and the equipment has a useful life of $10$ years with a residual value of $$500,000.$ The company will use straightline depreciation. Beacon could expect a production increase of $40,000$ units per year and a reduction of $20$ percent in the labor cost per unit.

$\backslash$table$[[$Production and sales volume,$\backslash$table$[[$Current $($no automation$)],[80,000$ units$]],\backslash$table$[[$Proposed $($automation$)],[120,000$ units$]]],[$Per Unit,Total,Per Unit,Total$],[$Sales revenue,$$90,$$ $?,$$$90,$$ $?],[$Variable costs$],[$Direct labor,$25,,?,],[$Variable manufacturing overhead,$10,,10,],[$Total variable manufacturing costs,$53,,\backslash$bar $(?),],[$Net operating income,,?,,?$]]$

A$11-2$ Part $2$

equired:

Determine the project's accounting rate of return.

ote: Round your answer to $2$ decimal places.

Accounting rate of return