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Required information {The following infomation applies to the questions displayed below. j' Astro Co. sold 20,300 units of its only product and incurred a $73,798
Required information {The following infomation applies to the questions displayed below. j' Astro Co. sold 20,300 units of its only product and incurred a $73,798 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 xed costs by $153,000. The maximum output capacity of the company is 40,000 units per year. ASTRD COMPANY Contribution Margin Income Statement For Year Ended December 31J 2819 Sales $?6T,34B Variable costs 53?,133 Contribution margin 236,232 Fixed costs 369,033 Net loss HTBJQB] Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.)
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