Required information [The following information applies to the questions displayed below.] Astro Company sold 26,000 units of its only product and reported income of $114,100 for the current year. During a planning session for next year'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. Total units sold and the selling price per unit will not change. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales ($42 per unit) $ 1,092,000 Variable costs ($35 per unit) 910,000 Contribution margin 182,000 Fixed costs 67,900 Income $ 114,100 1. Compute the break-even point in dollar sales for next year assuming the machine is installed. (Round your answers to 2 decimal places.) Contribution Margin per unit Proposed Sales Variable costs Contribution margin Contribution Margin Ratio 0.00 Numerator: 1 Denominator: = Contribution Margin Ratio Contribution margin per unit | Selling price per unit = Contribution margin ratio Break-even point in dollar sales with new machine: Numerator: 1 Denominator: = Break-Even Point in Dollars Total fixed costs | Contribution margin ratio = Break-even point in dollars 0