Managerial Accounting - Spring21 Time left 1:55:35 Question 15 Not yet answered Marked out of 1.00 Company XYZ is currently operating with a 60% contribution margin. The company is planning an upgrade in its production facilities, which is expected to increase sales by $15,000. However, this upgrade is expected to increase fixed costs of $2.500. What would be the expected change in profit? Flag O a Increase by $12,500 Ob Increase by $6,500 Oc Decrease by $2,500 Od Decrease by $6,000 Oe. Increase by $15.000 question If sales are $24,000. variable costs are $8,000, and fixed costs are $3,000, the contribution margin ratio is: (rounded to the nearest number) Question 16 Not yet answered Marked out of 1.00 Flag Question a 67% b1396 OC 33% d. None of the given answers e. 54% O II Type here to search