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Problem 05-4A Break-even analysis; income targeting and forecasting LO C2, P2, A1 {The following information applies to the questions displayed below) Astro Co. sold 19.800

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Problem 05-4A Break-even analysis; income targeting and forecasting LO C2, P2, A1 {The following information applies to the questions displayed below) Astro Co. sold 19.800 units of its only product and incurred a $48,292 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 $148,000. 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 $738, 540 Variable conta 590,832 Contribution margin 147,708 Fixed costs 196,000 Net loss $(48,292) 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 Contribution Margin Ratio Contribution margin ratio Break-Even Point in Dollar Sales: Choose Numerator: 1 Choose Denominator Break-Even Point in Dollars Break-even point in dollars

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