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Help 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 (gnoring taxes) for the cunent year an showm 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 Incone Statement For Year Ended December 31, 2019 Sales Variable costs Contribution margin $784,868 627,888 156,972 212,000 Fixed costs $ (55,028) Net loss 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 Next > of 21 7 8 Prev tion applies to the questions displayed belc Astro Co. sold 20,600 units of its only product and incurred a $55 here. During a planning session for year 2020's activities, the pro- reduced 50% by installing a machine that automates several open increase its annual fixed costs by $156,000. The maximum output ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $784,860 627,888 156,972 212,000 Variable costs Contribution margin Fixed costs $(55,028) Net loss Required: 1. Compute the break-even point in dollar'Sales for 2019. (Round your e 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 $ 0.00 Contribution Margin Ratio Choose Numerator: Choose Denominator Contribution Margin Ra Contribution margin ratio Break-Even Point in Dollar Sales: Break Even Point in Dollars Choose Denominator: Choose Numerator: Break-even point in dollars