Required information Problem 21-3A (Algo) Break-even analysis; income targeting and strategy LO C2, A1, P2...
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Required information Problem 21-3A (Algo) Break-even analysis; income targeting and strategy LO C2, A1, P2 [The following information applies to the questions displayed below] Astro Company sold 27,500 units of its only product and reported income of $67,000 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $144,000. Total units sold and the selling price per unit will not change Problem 21-3A (Algo) Part 3 3. Compute the sales level required in both dollars and units to eam $140,000 of target income for next year with the machine installed. Note: Do not round intermediote calculations. Round your onswers to 2 decimal places. Round "Contribution morgin rotio" to nearest whole percentoge
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