Required:1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.)Contribution Margin Per UnitCurrent YearContribution Margin RatioChoose Numerator:Choose Denominator:Contribution Margin RatioContribution margin ratioBreak-Even Point in Dollar Sales:Choose Numerator:Choose Denominator:Break-Even Point in DollarsBreak-even point in dollars Required information(The following information applies to the questions displayed below.]Astro Co. sold 19,500 units of its only product and incurred a $45,700 loss (ignoring taxes) for the current year, as shownhere. During a planning session for year 2020's activities, the production manager notes that variable costs can bereduced 50% by installing a machine that automates several operations. To obtain these savings, the company mustincrease its annual fixed costs by $145,000. The maximum output capacity of the company is 40,000 units per year.ASTRO COMPANYSalesVariable costsContribution marginFixed costsContribution Margin Income StatementFor Year Ended December 31, 2019$721,500577,200144,300190,000$(45,700)Net loss

Dear All the parts have been done as per data given for 2019 as asked in the question

Answered: Required: 1. Compute the break-even…

Business

Accounting

Required: 1. Compute the break-even point in dollar sales for 2019. (Round your answers to 2 decimal places.)

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter18: Cost-volume-profit Analysis (cvp)

Section: Chapter Questions

Problem 1R: Poleski Manufacturing, which maintains the same level of inventory at the end of each year, provided...

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Required information [The following information applies to the questions displayed below.] Astro Co. sold 19,200 units of its only product and incurred a $43,072 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 $142,000. 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 $704,640 563,712 140,928 Sales Variable costs Contribution margin Fixed costs 184,000 Net loss $(43,072) 3. Prepare a forecasted contribution margin income statement for 2020 that shows the expected results with the machine installed. Assume that the unit selling price and the number of units sold will not change, and no income taxes will be due. (Do not…
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