1 Adams Company makes a product that sells for $31 per unit. The company pays $11 per unit for the variable costs of the product and incurs annual fixed costs of $170,000. Adams expects to sell 22,400 units of product. Required Determine Adams's margin of safety expressed as a percentage. Note: Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45)

Adams Company makes a product that sells for $31 per unit. The company pays $11 per unit for the variabie costs of the product and incurs annual fixed costs of $170,000. Adams expects to sell 22,400 units of product Required Determine Adam5's margin of safety expressed as a percentage. Note: Round your answer to 2 decimal places, (i.e., 0.2345 should be entered as 23.45 )