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Required information [The following information applies to the questions displayed below] Astro Company sold 22,500 units of its only product and reported income of $60,000
Required information [The following information applies to the questions displayed below] Astro Company sold 22,500 units of its only product and reported income of $60,000 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 45% by. installing a machine that automates several operations. To obtain these savings. the company must increase its annual fixed costs by $155,000. Total units sold and the selling price per unit will not change: Compute the sales level required in both dollars and units to earn $250.000 of rarget income for nekt year with dien atuch 3. Compute the sales level required in both dollars and units to earn $250.000 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)
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