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Required information [The following information applies to the questions displayed below.] Astro Company sold 24,500 units of its only product and reported income of $210,600
Required information [The following information applies to the questions displayed below.] Astro Company sold 24,500 units of its only product and reported income of $210,600 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 41% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $159,000. Total units sold and the selling price per unit will not change. Compute the sales level required in both dollars and units to earn $290,000 of target income for next year with the machine stalled. (Do not round intermediate calculations. Round your answers to 2 decimal places. Round "Contribution margin ratio" to arest whole percentage)
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