Current operating income for Bay Area Cycles Co. is $44,000. Selling price per unit is $100, the contribution margin ratio is 20%, and fixed expense is $176,000. 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% % Revenue Variable expense Contribution margin Fixed expense Operating income 20% (176,000) 44,000 $ 2. How many additional unit sales would be necessary to achieve operating income of $110,000? Additional unit sales units Current operating income for Bay Area Cycles Co. is $57,000. Selling price per unit is $100, the contribution margin ratio is 25%, and fixed expense is $228,000. Required: 1. Calculate Bay Area Cycle's breakeven point in units and total sales dollars. Break-even units Break-even dollars 2. Calculate Bay Area Cycle's margin of safety and margin of safety ratio. Margin of safety Margin of safety ratio %