all parts please.

Problem 18-3A (Algo) Break-even analysis; income targeting and strategy LO C2, A1, P2 The following information applies to the questions displayed below.) Astro Company sold 21,500 units of its only product and reported income of $68,600 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 47% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $153,000. Total units sold and the selling price per unit will not change. ASTRO COMPANY Contribution Margin Income Statement For Year Unded December 31 Sales ($53 per unit) $ 1,139,500 Variable costs ($46 per unit) 989,000 Contribution margin 150,500 Fixed conta 81,900 Income $ 68,600 Problem 18-3A (Algo) Part 1 1. Compute the break-even point in dollar sales for next year assuming the machine is installed. (Round your answers to 2 decimal places.) Contribution Margin per unit Proposed Contribution Margin Ratio Numerator: Denominator Contribution Margin Ratio Contribution margin ratio Break-even point in dollar sales with new machine: Numerator Denominator: Break Even Point in Dollars Break-even point in dollars Problem 18-3A (Algo) Break-even analysis; income targeting and strategy LO C2, A1, P2 [The following information applies to the questions displayed below.) Astro Company sold 21,500 units of its only product and reported income of $68,600 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 47% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $153,000. Total units sold and the selling price per unit will not change. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales ($53 per unit) $ 1,139,500 Variable costs ($46 per unit) 989,000 Contribution margin 150,500 Fixed costs 81,900 Income $ 68,600 Problem 18-3A (Algo) Part 2 2. Prepare a contribution margin income statement for next year that shows the expected results with the machine installed. Assume sales are $1,139,500 (Do not round Intermediate calculations, Round your answers to the nearest whole dollar.) ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Contribution margin Problem 18-3A (Algo) Break-even analysis; income targeting and strategy LO C2, A1, P2 [The following information applies to the questions displayed below) Astro Company sold 21,500 units of its only product and reported income of $68,600 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 47% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $153,000. Total units sold and the selling price per unit will not change, ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales ($53 per unit) $ 1,139,500 Variable coats ($46 per unit) 989,000 Contribution margin 150,500 Fixed costs 81,900 Income $ 68,600 Problem 18-3A (Algo) Part 3 3. Compute the sales level required in both dollars and units to earn $230,000 of target income for next year with the machine installed. (Do not round intermediate calculations, Round your answers to 2 decimal places, Round "Contribution margin ratio" to nearest whole percentage) Sales level required in dollars Numerator: Denominator Sales dollars required Sales level required in units Numerator: Denominator: = Sales units required