$[$The following information applies to the questions displayed below.$]$

Astro Company sold $29,000$ units of its only product and reported income of $$37,800$ for the current year. During a planning session for next year$$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 $$141,000.$ 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$)$ $ $1,450,000$

Variable costs $($$$48$ per unit$)1,392,000$

Contribution margin $58,000$

Fixed costs $20,200$

Income $ $37,800$

$3.$ Compute the sales level required in both dollars and units to earn $$110,000$ 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$)$Required information

$[$The following information applies to the questions displayed below.$]$

Astro Company sold $29,000$ units of its only product and reported income of $$37,800$ 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 $$141,000.$ Total units sold and the selling price per unit will not change.

Compute the sales level required in both dollars and units to earn $$110,000$ 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$)$