4 The aquisition of new manufacturing equipment would: . decrease variable costs from $70 to $10 per unit, increase total fixed costs from $360,000 to $360,000 per month, and not affect the current selling price of $100. What would be the revised contribution margin ratio if the new equipment is acquired? . 00:21:15 Multiple Choice 40% 30% 60% ABC Company sold 280,000 units for $17.40 each. Total fixed costs were $784,000 and net income before taxes was $1,064,000. What amount should be reported as the total variable costs on the contribution margin income statement? Multiple Choice 20:05 $2,240,000 $3,800,000 $1,848,000 $3,024,000