Waterways is thinking of mass-producing one of its special-order sprinklers. To do so would increase unit variable costs for all sprinklers by an average of $0.70. The company also estimates that this change could increase the overall number of sprinklers sold by 10%, and the average unit sales price would increase $0.20. Waterways currently sells 493,000 sprinkler units at an average unit selling price of $25.40. The manufacturing costs are $6,147,410 variable and $2,284,405 fixed. Selling and administrative costs are $2,618,130 variable and $796,110 fixed. If Waterways begins mass-producing its special-order sprinklers, how would this affect the company? (Round ratio answers to 0 decimal places, e.g. 5% and net income answers to 2 decimal places, e.g. 5,275.25.) \begin{tabular}{l|l|r|r|r|r|} & Current & New & Effect \\ Contribution \\ margin ratio \end{tabular} Effect by % by $ Waterways is thinking of mass-producing one of its special-order sprinklers. To do so would increase unit variable costs for all sprinklers by an average of $0.70. The company also estimates that this change could increase the overall number of sprinklers sold by 10%, and the average unit sales price would increase $0.20. Waterways currently sells 493,000 sprinkler units at an average unit selling price of $25.40. The manufacturing costs are $6,147,410 variable and $2,284,405 fixed. Selling and administrative costs are $2,618,130 variable and $796,110 fixed. If Waterways begins mass-producing its special-order sprinklers, how would this affect the company? (Round ratio answers to 0 decimal places, e.g. 5% and net income answers to 2 decimal places, e.g. 5,275.25.) \begin{tabular}{l|l|r|r|r|r|} & Current & New & Effect \\ Contribution \\ margin ratio \end{tabular} Effect by % by $