Current operating income for Bay Area Cycles Co. is $48,000. Selling price per unit is $100, the contribution margin ratio is 30%, and fixed expense is $192,000. 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 Revenue Variable expense Contribution margin Fixed expense Operating income Ratio 100 % % 30 % (192,000) 48,000 $ 2. How many additional unit sales would be necessary to achieve operating income of $120,000? Additional unit sales units