Please could you explain it as much as you could? Thank you so much. I have been missing school for a couple of days. So I have to catch up on some homework. I truly appreciate your help!

Proposal 2: Automate the production process The current production process is heavily labor intensive. The company is considering automating the process ew Equipment will be purchased and installed for a total cost of $1,000,000. The equipment is expected to ave an estimated useful life of 5 years and a zero salvage value. Hint: to make your work easy, use the straight-line method of depreciation. The change in variable overhead is negligible. The company currently has 68 employee 16 direct employees will be needed at the same rate per hour. These employees will work an average of s who earn an average wage of $18 per hour and work a total 141,440 hours every year. Only 280 annual hours. The company has to pay a severance pay that is estimated as follows on the table below. The severance pay will be paid evenly over a five year period Scenario Estimated Severance Pay Probability 1 | 200% of annual pay 2 150% of annual pay 100% of annual pay 5.00% 70.00% 15.00% 10.00% 100.00% 70% of annual pay Proposal 3: Aggressive advertising and Price Reduction Additional sales people will be hired and the company will institute a comprehensive advertising campaign, in addition to a price reduction. The proposed new price is $75 dollars. From surveys, market research, and other analysis that has been carried out, the effect of this price reduction and aggressive marketing will be: EstimateEstimated sales Increase (in units) Pessi mitic % above the expected increase before any changes are implemented Most Likely 20% above the expected increase before any changes are implemented Optimistic 30% above the expected increase before any changes are implemented REQUIRED 1. Using a detailed analysis, should the proposals be implemented? Why or why not? Please list all assumptions used in your analysis. Do some of the proposals seem impracticable? Which ones and why? Other than the analysis you have completed in requirement 1, what other factors might the company want to consider before going ahead to implement these proposals? 2