Astro Company sold 27,000 units of its only product and reported income of $190,300 for the current year, During a planning session for next year'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 $145,000. Total units sold and the selling price per unit will not change,1. Do the break-even point in dollar sales for next year assuming the machine is installed.2. Doa contribution margin income statement for next year that shows the expected results with the machine installed.Assume sales are $1.485,000.Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar.3. Do the sales level required in both dollars and units to earn $150,000 of target income for next year with the machine installed.Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Round "Contribution margin ratio" to nearest whole percentage

Required information [The following information applies to the questions displayed below. ] Astro Company sold 27,000 units of its only product and reported income of $190,300 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savlngs, the company must increase its annual xed costs by $1A5,000. Total units sold and the selling price per unit will not change. ::-7 TgfwiASTRO COMPANY ' -Contribution Margin Income Statement ' For YearhEnded December 31 Sales ($55 per unit) s 1,185,000 ' Variable costs ($44 per unit) 1,188,000 Contribution margin - 297,000 Fixed costs 106.700 Income 5 190, 300 \\ 1. Compute the break-even point in dollar sales for next year assuming the machine is installed. Note: Round your answers to 2 decimal places. Contribution margin per unit -_- Contribution margin ratio I _-- 'M