Help Astro Co. sold 20,900 units of its only product and incurred a $71860 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 $159,000. The maximum output capacity of the company is 40.000 units per year. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2017 Sales $802,560 Variable costs 601,920 Contribution margin 200,640 Fixed costs 272,500 Net loss 5(71,860) 2. Compute the predicted break-even point in dollar sales for year 2018 assuming the machine is installed and there is no change in the unit selling price. (Round your answers to 2 decimal places.) Contribution margin per unit Proposed $ 0.00 Contribution Margin Ratio 1 Choose Denominator: Choose Numerator: Contribution Margin Ratio Contribution margin ratio Break-even point in dollar sales with new machine: Choose Numerator: Choose Denominator: Break-Even Point in Dollars Break-even point in dollars 0 Astro Co. sold 20,900 units of its only product and incurred a $71,860 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 con be reduced 40% by installing a machine that automates several operations. To obtain these savings, the company must Increase its annual fixed costs by $159,000. The maximum output capacity of the company is 40,000 units per year ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2017 Sales $802,560 Variable costs 601,920 Contribution margin 200, 640 Fixed costs 272,500 Net loss $(71,860) 5. Prepare a forecasted contribution margin income statement that shows the results at the sales level computed in part 4. Assumen Income taxes will be due (Do not round intermediate calculations. Round "per unit answers" to 2 decimal places.) ASTRO COMPANY Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 $ Per Unit $ Sales $ 38.40 Variable costs Contribution margin Fixed costs 0 0 Income taxes