[The following information applies to the questions displayed below] Jetson Co. sold 20,000 units of its only product and incurred a $50,000 loss (ignoring taxes) for the current year as shown here. During a planning session for year 2012's activities, the production manager notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $150,000. The maximum output capacity of the company is 40,000 units per year JETSON COMPANY Contribution Margin Income Statement For Year Ended December 31, 2011 Sales Variable costs $750,000 600,000 Contribution margin Fixed costs 150,000 200,000 Net loss $ (50,000) value: 10.00 points Required Required