! Required information [The following information applies to the questions displayed below.] Astro Company sold 21,500 units of its only product and reported income of $68,600 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 47% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $153,000. Total units sold and the selling price per unit will not change. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales ($53 per unit) Variable costs ($46 per unit) Contribution margin Fixed costs Income $ 1,139,500 989,000 150,500 81,900 $ 68,600 1. Compute the break-even point in dollar sales for next year assuming the machine is installed. (Round your answers to 2 decimal places.) Contribution margin Contribution Margin Ratio 28.09 Per unit Numerator: Denominator: Contribution Margin Ratio Contribution margin per unit Selling price per unit Contribution margin ratio $ 53.00 0.00% Break-even point in dollar sales with new machine: Numerator: Total fixed costs Denominator: Break-Even Point in Dollars Contribution margin ratio = Break-even point in dollars 0