Required information The following information applies to the questions displayed below) Astro Co. sold 19,000 units of its only product and incurred a $128.000 loss (ignoring taxes) for the current year, as shown here. During a planning session for year 2020'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 $140,000. The maximum output capacity of the company is 40,000 units per year ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $ 760,000 Variable costs 688.000 Contribution margin 152,800 Fixed costs 280,000 Net loss $(125,000) Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.) Current Year Contribution Margin Per Unit Sales Variable costs Contribution margin Contribution Margin Ratio Choose Numerator: 3 0.00 Choose Denominator: Contribution Margin Ratio Contribution marginato 0 Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $ 760,000 Variable costs 608,000 Contribution margin 152,000 Fixed costs 280,000 Net loss $(128,000) Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.) Current Year Contribution Margin Per Unit Sales Variable costs Contribution margin Contribution Margin Ratio Choose Numerator: 0.00 1 Choose Denominator: Contribution Margin Ratio Contribution margin ratio 1 Break-Even Point in Dollar Sales: Choose Numerator: 1 Choose Denominator: Break-Even Point in Dollars Break-even point in dollars 0 Check my ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $760,000 Variable costs 608,000 Contribution margin 152,800 Fixed costs 280,000 Net loss $(128,000) 2. Compute the predicted break-even point in dollar sales for 2020 assuming the machine is installed and there is no change in the unit selling price. (Round your answers to 2 decimal places.) Contribution Margin per unit Proposed s 0.00 Contribution Margin Ratio Choose Numerator: 1 Choose Denominator: Contribution Margin Ratio 1 = Contribution margin ratio Break-even point in dollar sales with new machine: Choose Numeratori Choose Denominator Break-Even Point in Dollars Break even point in dollars 0