Compute the contribution margin ratio, break-even point in sales dollars, margin of safety ratio, and degree of operating leverage assuming the new upholstery system is implemented. (Round degree of operating leverage to 1 decimal ploce, eg. 2.5.) Contribution margin ratio Break-even point in dollars Margin of safety ratio Degree of operating leverage Prepare a single-column CVP income statement assuming that the company invests in the automated upholstery system. ratio, break-even point in sales dollars, margin of safety ratio, and degree of operating leverage even point in dollars to 0 decimal places, e g. 2,520.) Contribution margin ratio Break-even point in dollars Margin of safety ratio Degree of operating leverage Prepare a single-column CVP income statement based on current activity. Sheridan Seats manufactures swivel seats for customized vans. It currently manufactures 10,300 seats per year, which it sells for $500 per seat. It incurs variable costs of $210 per seat and fixed costs of $2.240 , 250 . It is considering automating the upholstery process, which is now largely manual. It estimates that if it does so, its fixed costs will be $3.131 , 200 , and its variable costs will decline to $120 perseat. Answer the following questions