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

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Accounting

Required information
[The following information applies to the questions displayed below.]
Astro Company sold 23,000 units of its only product and reported income of $264,600 for the
current year. During a planning session for next year's activities, the production manager notes that
variable costs can be reduced 44% by installing a machine that automates several operations. To
obtain these savings, the company must increase its annual fixed costs by $156,000. Total units sold
and the selling price per unit will not change.
Compute the break-even point in dollar sales for next year assuming the machine is installed. (Round your answers
to 2 decimal places.)
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