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Required information [The following information applies to the questions displayed below.) Astro Co. sold 19,700 units of its only product and incurred a $59,290 loss

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Required information [The following information applies to the questions displayed below.) Astro Co. sold 19,700 units of its only product and incurred a $59,290 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 40% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $147,000. The maximum output capacity of the company is 40,000 units per year. ASTRO COMPANY Contribution Margin Income Statement Yor Year Ended December 31, 2019 Sales $732,840 Variable costa 549,630 Contribution margin 183,210 Fixed costs 242,500 Net loss $(59,290) Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.) Contribution Margin Per Unit Current Year 0.00 Contribution Margin Ratio Choose Numerator: 1 Choose Denominator: Contribution Margin Ratio Contribution margin ratio / II Break-Even Point in Dollar Sales: Choose Numerator: 1 Choose Denominator: 1 = Break-Even Point in Dollars Break-even point in dollars

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