Mini-Exercise 12-4 (Algo) CVP analysis LO 8 Current operating Income for Bay Area Cycles Co. 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? Volume Total Par Unit $ 100.00 Revenue Variable expense Contribution margin Forced expense Operating income Ratio 100% % 30% (168,000) 42,000 $ 2. How many additional unit sales would be necessary to achieve operating Income of $105,000? on sales units