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4b.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
4b.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 unit answers" to 2 decimal places.)
Requlred Informetion The following information applies to the questions displayed below Astro Co. sold 20,100 units of its only product and incurred a $63,560 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 40% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $151,000. The maximum output capacity of the company is 40,000 units per year ASTRO COMPANY Contribution Margin Income Statement For Year Ended r 31, 2817 Sales Variable costs Contribution margin Fixed costs Net loss $755,768 566, 828 188,948e 252,588 (63,568) 4. Compute the sales level required in both dollars and units to earn $210,000 of target pretax income in 2018 with the machine installed and no change in unit sales price. (Do not round Intermedlete calculatlons. Round your answers to 2 declmal pleces. Round "Contrlbutlon mergin retlo" to nearest whole percentage) dollars - Sales dollars required les level required in units | Sales units required
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