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Current operating income for Bay Area Cycles Co. is $22,000. Selling price per unit is $100, the contribution margin ratio is 25%, and fixed expense

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Current operating income for Bay Area Cycles Co. is $22,000. Selling price per unit is $100, the contribution margin ratio is 25%, and fixed expense is $88,000. Required: 1. Calculate Bay Area Cycle's per unit variable expense and contribution margin. How many units are currently being sold? Volume Total Per Unit $ 100.00 Ratio 100% % 25 % Revenue Variable expense Contribution margin Fbred expense Operating income + (88,000) 22.000 2. How many additional unit sales would be necessary to achieve operating income of 565,000? Additional unit sales units

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