Current operating income for Bay Area Cycles Co. is $74,000. Selling price per unit is $120, the contribution margin ratio is 30%, and fixed expense is $250,000.

Required:

1. Calculate Bay Area Cycles breakeven point in units and total sales dollars. (Round your Unit answer to nearest whole units and other answer to the nearest whole dollar.)

2. Calculate Bay Area Cycles margin of safety and margin of safety ratio. (Do not round your intermediate answers and Round your percentage answer to the 1 decimal place and other answer to nearest whole dollar)