Check my work VI Required information Problem 18-4A Break-even analysis; income targeting and forecasting LO C2, P2, A1 [The following information applies to the questions displayed below.) Astro Co. sold 20,300 units of its only product and incurred a $78,798 loss (ignoring taxes) for the current year as shown here. During a planning session for year 2018'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 $153,000. The maximum output capacity of the company is 40,000 units per year. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2017 Sales $ 767, 340 Variable costs 537, 138 Contribution margin 230,202 Fixed costs 309,000 Net loss $(78, 798) Problem 18-4A Part 1 Required: 13 of 17 Case 1 ENTP.docx Check my work View previous a Required information 1. Compute the break-even point in dollar sales for year 2017. (Round your answers to 2 decimal places.) of 4 Current Contribution Margin Per Unit Sales Variable costs Contribution margin Contribution Margin Ratio Choose Numerator: Contribution margin per unit $ 0.00 1 Choose Denominator: Sales per unit Contribution Margin Ratio Contribution margin ratio 1 COS Break-Even Point in Dollar Sales: Choose Numerator: Choose Denominator: Break-Even Point in Dollars Total fixed costs Contribution margin ratio Break-even point in dollars $ 1,030,000 $ 309,000 30.00% Case 1 ENTP.docx JOCA