Required information Problem 21-3A (Algo) Break-even analysis; income targeting and strategy LO C2, A1, P2 [The following information applies to the questions displayed be/ow] Astro Company sold 22,000 units of its only product and reported income of $70,200 for the current year. During a planning session for next year's activities, the production manager notes that variable cosis can be reduced 46% by installing a machine that automates several operations. To obtain these savings, the company must increase its ann fixed costs by $154,000. Total units sold and the selling price per unit will not change. Problem 21-3A (Algo) Part 1 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. Required information Problem 21-3A (Algo) Break-even analysis; income targeting and strategy LO [The following information applies to the questions displayed below.] Astro Company sold 22,000 units of its only product and reported income of $70,200 for planning session for next year's activities, the production manager notes that variable cos installing a machine that automates several operations. To obtain these savings, the comp fixed costs by $154,000. Total units sold and the selling price per unit will not change. Problem 21-3A (Algo) Part 2 2. Prepare a contribution margin income statement for next year that shows the expected results sales are $1,188,000 Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar. Required information Problem 21-3A (Algo) Break-even analysis; income targeting and strategy LO C2, A [The following information applies to the questions displayed below.] Astro Company sold 22,000 units of its only product and reported income of $70,200 for the cu planning session for next year's activities, the production manager notes that variable costs can installing a machine that automates several operations. To obtain these savings, the company m fixed costs by $154,000. Total units sold and the selling price per unit will not change. roblem 21-3A (Algo) Part 3 Compute the sales level required in both dollars and units to earn $240,000 of target income for ne stalled. ote: Do not round intermediate calculations. Round your answers to 2 decimal places. Round "Co earest whole percentage