Required information [The following information applies to the questions displayed below.] Astro...
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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. Prepare a contribution margin income statement for next year that shows the expected results with the machine installed. Assume sales are $Do not round intermediate calculations. Round your answers to the nearest whole dollar. 
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.
Prepare a contribution margin income statement for next year that shows the expected results with the machine
installed. Assume sales are $Do not round intermediate calculations. Round your answers to the nearest
whole dollar.
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