Ch 21: Homework 6 Seved 5 o Part 1 of 5 Required information Problem 21-4A Break-even analysis; Income targeting and forecasting LO C2, P2, A1 [The following information applies to the questions displayed below) Astro Co. sold 20,300 units of its only product and incurred a $78,798 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 $153,000. The maximum output capacity of the company is 40,000 units per year. 3 points eBook Ask ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $767,340 Variable coats 537.138 Contribution margin 230,202 Fixed coats 309,000 Net loss $(78,798) References Problem 21-4A Part 1 Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.) Current Year $ Contribution Margin Per Unit Sales Variable costs Contribution margin Contribution Margin Ratio Choose Numerator: 37.80 Por unit Per unit 37.80 Porn Choose Denominator m Contribution Margin Ratio Ch 21: Homework 5 Sales Variabla conta Contribution margin Pixed costa Net loss $767,340 537, 138 230,202 309,000 $(78,798) Part 1 of 5 3 points Problem 21-4A Part 1 Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.) ebook Current Year Ask 37.80 Per unit Per unit Contribution Margin Per Unit Sales Variable costs Contribution margin Contribution Margin Ratio Choose Numerator: Contribution margin per unit 37 80 Per unit Print References Choose Denominator: Selling price per unit $ 37.80 Contribution Margin Ratio Contribution margin ratio 0.00% Break-Even Point in Dollar Sales: Choose Numerator: 1 Choose Denominator: Break-Even Point in Dollars Total fixed costs Contribution margin ratio Break-even point in dollar 0 $ 309,000