Question: part 1 and 2 please. I will upvote. Current operating income for Bay Area Cycles Company is $40,000. Selling price per unit is $100, the

Current operating income for Bay Area Cycles Company is $40,000. Selling price per unit is $100, the contribution margin ratio is 20%, and fixed expense is $160,000 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 $100,000 ? Complete this question by entering your answers in the tabs below. Calculate Bay Area Cycle's per unit variable expense and contribution margin. How many units are currently being sold? Current operating income for Bay Area Cycles Company is $40,000. Seiling price per unit is $100, the contribution margin ratio is 20%, and fixed expense is $160.000. 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 $100,000 ? Complete this question by entering your answers in the tabs below. How many additional unst sales would be necessary to achieve operating income of $100,0007
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
