Required information [The following information applies to the questions displayed below] Astro Company sold 26,500 units of its only product and reported income of $246,000 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 60% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $150,000. Total units sold and the selling price per unit will not change. 8. Compute the sales level required in both dollars and units to earn $160,000 of target income for next year with the machine nstalled, (Do not round intermediate calculations. Round your answers to 2 decimal places. Round "Contribution margin ratio" to vearest whole percentage) 3. Compute the sales level required in both dollars and units to earn $160,000 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)