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