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[The following Information applles to the questions displayed below.] Astro Company sold 26,000...

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Accounting

[The following Information applles to the questions displayed below.]
Astro Company sold 26,000 units of Its only product and reported Income of $114,100 for the current year. During a
planning session for next year's actlvitles, the production manager notes that varlable costs can be reduced 40% by
Installing a machine that automates several operations. To obtain these savings, the company must Increase Its annual
fixed costs by $147,000. Total units sold and the selling price per unit will not change.
Compute the sales level required In both dollars and units to earn $170,000 of target Income for next year with the machine
Installed.
Note: Do not round Intermedlate calculations. Round your answers to 2 decimal places. Round "Contrlbutlon margln ratio" to
nearest whole percentage
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