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Astro Company sold $29,000$ units of its only product and reported income of $$37,800$ for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced $50\%$ by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $$141,000.$ Total units sold and the selling price per unit will not change.

ASTRO COMPANY

Contribution Margin Income Statement

For Year Ended December $31$

Sales $($ $$50$ per unit$)$ $$1,450,000$

Variable costs $($ $$48$ per unit$),1,392,000$

Contribution margin $,58,000$

Fixed costs

Income

$[20,200],[37,800]$

$3.$ Compute the sales level required in both dollars and units to earn $$110,000$ of target income for next year with the machine installed.

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places. Round "Contribution margin ratio" to nearest whole percentage