Mini$-$Exercise $12-5($Algo$)$ Breakeven analysis LO $12-9,12-11$

Current operating income for Bay Area Cycles Company is $$48,000.$ Selling price per unit is $$100,$ the contribution margin ratio is $30\%$ and fixed expense is $$192,000.$

Required:

Calculate Bay Area Cycle's breakeven point in units and total sales dollars.

Calculate Bay Area Cycle's margin of safety and margin of safety ratio.

Note: Round your percentage answer to nearest whole percent.

$\backslash$table$[[1.$ Breakeven units,,$],[1.$ Breakeven dollars,,$],[2.$ Margin of safety,,$],[2.$ Margin of safety ratio,,$\%$