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Required information [The following information applies to the questions displayed below.] Astro Company sold 25,500 units of its only product and reported income of (

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Required information [The following information applies to the questions displayed below.] Astro Company sold 25,500 units of its only product and reported income of \\( \\$ 277,200 \\) 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 \\( \\$ 148,000 \\). Total units sold and the selling price per unit will not change. 3. Compute the sales level required in both dollars and units to earn \\( \\$ 180,000 \\) of target income for next year with the machine installed. (Do not round intermediate calculations. Round your answers to 2 decimal places. Round \"Contribution margin ratio\" to nearest whole percentage) Sales level required in dollars nearest whole percentage)

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