Astro Co. sold 20,600 units of its only product and incurred a $55,028 loss (ignoring taxes) for the current year, as shown here. During a planning session for year 2020'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 $156,000. The maximum output capacity of the company is 40,000 units per year.

Required information [The following information applies to the questions displayed below) Astro Co. sold 20,600 units of its only product and incurred a $55,028 loss (ignoring taxes) for the current year, as shown here. During a planning session for year 2020'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 $156,000. The maximum output capacity of the company is 40.000 units per year ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $ 784,860 Variable costs 627,888 Contribution margin 156,972 Fixed costs 212,000 Net loss 5 (55,028) Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.) Contribution Margin Per Unit Current Year Contribution Margin Ratio Choose Numerator: Choose Denominator: 1 1 Contribution Margin Ratio Contribution margin ratio Break Even Point in Dollar Sales: Choose Nurnerator: Choose Denominator: Break Even Point in Dollars Break-even point in dollars ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $ 784,860 Variable costs 627,888 Contribution margin 156,972 Fixed costs 212,000 Net loss $ (55,028)