Current operating income for Bay Area Cycles Company is $48,000. Selling price per unit is...
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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: 1. Calculate Bay Area Cycle's breakeven point in units and total sales dollars. 2. Calculate Bay Area Cycle's margin of safety and margin of safety ratio. Note: Round your percentage answer to nearest whole percent
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