4. Compute the sales level required in both dollars and units to earn $190,000 of target pretax Income in 2018 with the machine Installed and no change in unit sales price. (Do not round Intermedlate calculatlons. Round your answers to 2 declmal places Round "Contrlbutlon margln ratlo" to nearest whole percentage) Answer is complete and correct. Sales level required in dollars Sales dollars required Choose Numerator: Choose Denominator: Fixed costs plus pretax ncome Contribution margin ratioSales dollars required 537,000 60.00% - $895,000 Sales level required in units Choose Numerator: Choose Denominator: Sales units required Sales units required argin perls units required 23,931 units Fixed costs plus pretax ncome unit 537,000 22.44- Astro Co. sold 19,900 units of its only product and incurred a $49,148 loss (ignoring taxes) for the current year as shown here. During a planning session for year 2018'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 $149,000. The maximum output capacity of the company is 40,000 units per year ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2017 Variable costs Contribution margin Fixed costs Net loss s 744,268 595,408 148,852 198,000 $ (49,148) 5. Prepare a forecasted contribution margin income statement that shows the results at the sales level computed In part 4. Assume no Income taxes will be due. (Do not round Intermediate calculations. Round "per unlt answers" to 2 declmal places.) ASTRO COMPANY Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 $ Per Unit $ 37.40 Contribution margin