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Current operating income for Bay Area Cycles Co. is $34,000. 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 $34,000. Selling price per unit is $100, the contribution margin ratio is 25%, and fixed expense is $136.000 Required: 1. Calculate Bay Area Cycle's per unit variable expense and contribution margin, How many units are currently being sold? Volume Per Unit $ 100.00 Total Revenue Variable expense Contribution margin Fixed expense Operating Income Ratio 100% % 25% (136,000) 34,000 $ 2. How many additional unit sales would be necessary to achieve operating income of $85,000? Additionales unit

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