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Required Information [The following information applies to the questions displayed below] Astro Company sold 21,000 units of its only product and reported income of $84.800 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 48% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $152,000. Total units sold and the selling price per unit will not change. 1. Compute the break-even-point in dollar sales for next year assuming the machine is installed. Note: Round your answers to 2 decimal places. Required information [The following information applies to the questions displayed below] Astro Company sold 21,000 units of its only product and reported income of $84,800 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 48% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $152,000. Total units sold and the selling price per unit will not change. 2. Prepare a contribution margin income statement for next year that shows the expected results with the machine installed. Assume sales are $1,092,000 Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. Required information [The following information applies to the questions displayed below] Astro Company sold 21,000 units of its only product and reported income of $84,800 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 48% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $152,000. Total units sold and the selling price per unit will not change. 3. Compute the sales level required in both dollars and units to earn $220,000 of target income for next year with the machine installed. Note: Do not round intermediate calculations. Round your answers to 2 decimal pleces. Round "Contribution margin ratio" to nearest whole percentage

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