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. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales ($50 per unit). Variable costs ($32 per unit) Contribution margin Fixed costs Income $ 1,275,000 816,000 459,000 181,800 $ 277,200 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 Numerator: Denominator: Sales dollars required Sales level required in units Numerator: Denominator: . Sales units required Sales level required in dollars Numerator: Contribution margin Denominator: Sales dollars required Sale Fixed costs Denominator: Fixed costs minus target income =Sales units required Fixed costs plus target income Income Sales. nearest whole percentage) Sales level required in dollars Numerator: Sales level required in units Numerator: Denominator: Sales dollars required 0 Contribution margin per unit Contribution margin ratio Fixed costs ales units required 0 Income Selling price per unit Variable coste nor unit