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! Required information [ The following information applies to the questions displayed below. ] Astro Co . sold 1 9 , 7 0 0 units
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The following information applies to the questions displayed below.
Astro Co sold units of its only product and incurred a $ loss ignoring taxes for the current year, as shown here. During a planning session for year s activities, the production manager notes that variable costs can be reduced by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $ The maximum output capacity of the company is units per year.
Prepare a forecasted contribution margin income statement that shows the results at the sales level computed in part Assume no income taxes will be due. Do not round intermediate calculations. Round "per unit answers" to decimal places.
tableASTRO COMPANYForecasted Contribution Margin Income StatementFor Year Ended December $ Per Unit,$$Contribution margin,,
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