Current operating income for Bay Area Cycles Company is $54,000. Selling price per unit is $100, the contribution margin ratio is 30% and fixed expense is $216,000. 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 $135,000 ? \begin{tabular}{|l||l|} \hline Required 1 & Required 2 \\ \hline \end{tabular} Calculate Bay Area Cycle's per unit variable expense and contribution margin. How many units are currently being sold? \begin{tabular}{|l|c|c|c|r|r|} \hline & \multicolumn{1}{|c|}{ Per Unit } & Volume & Total & \multicolumn{2}{|c|}{ Ratio } \\ \hline Revenue & $100.00 & & & \multicolumn{1}{|c|}{100} & % \\ \hline Variable expense & & & & & % \\ \hline Contribution margin & & & & 30 & % \\ \hline Fixed expense & & & (216,000) & & \\ \hline Operating income & & & $54,000 & & \\ \hline \end{tabular} Required 2> How many additional unit sales would be necessary to achieve operating income of $135,000