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Current operating income for Bay Area Cycles Company is $42,000. Selling price per unit is $100, the contribution margin ratio is 30%, and fixed expense

image text in transcribed Current operating income for Bay Area Cycles Company is $42,000. Selling price per unit is $100, the contribution margin ratio is 30%, and fixed expense is $168,000. Required: 1. Calculate Bay Area Cycle's per unit variable expense and contribution margin. How many units are currently being sold? 2. How many additional unit sales would be necessary to achieve operating income of $105,000

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