In this discussion board assignment, we focus on two student learning outcomes for our class: Prepare and analyze a contribution margin income statement and explain related items. Prepare analysis related to management decisions involving capital expenditures and apply and evaluate various methods used in making these decisions The Facts During the last two years, a small manufacturing business has suffered erratic sales due to the ongoing COVID pandemic and supply chain issues. As a result, the business is facing financial difficulties. The contribution format income statement for the month ended November 30, 2021 is Contribution Margin format Income Statement Sales (19,500 units X $30 per unit) $585,000 Variable Expenses 409,500 Contribution Margin $175,500 Fixed Expenses 180,000 Net Operating Loss $(4,500) The Issue The CEO of the business learned automating the manufacturing process could reduce variable expenses by $3 per unit. However, fixed expenses would increase by $72,000 each month. The CEO ask you, as a managerial accountant, if you would recommend that the company automate its operations, The Assignment In order to respond to the CEO's question, computer The current contribution margin ratio and break-even point based on the November 2021 contribution margin format income statement The new contribution margin ratio and break-even point if the company automates its manufacturing process. Make a recommendation regarding automating the manufacturing process to the CEO. Support your recommendation with at least 2 data points from your analysis