Required information Problem 05-4A Break-even analysis; Income targeting and forecasting LO C2, P2, A1 The following information applies to the questions displayed below.) Astro Co. sold 20,600 units of its only product and incurred a $55,028 loss (ignoring taxes) for the current year, as shown here. During a planning session for year 2020'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 $156,000. The maximum output capacity of the company is 40,000 units per year. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $784, 860 Variable costs 627,888 Contribution margin 156,972 Fixed costs 212,000 Net loss $(55,028) Problem 05-4A Part 2 2. Compute the predicted break-even point in dollar sales for 2020 assuming the machine is installed and there is no change in the unit selling price. (Round your answers to 2 decimal places.) Contribution Margin per unit Proposed Contribution Margin Ratio Choose Numerator: 1 Choose Denominator: Contribution Margin Ratio Contribution margin ratio Break-even point in dollar sales with new machine: Choose Numerator: Choose Denominator: Break-Even Point in Dollars Break-even point in dollars