13 Part 11 of 15 1 points rock Required information The Foundational 15 (Algo) (LOS-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8) [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin) Fixed expenses $ 20,000 13,000 7,000 3,780 Neferences Net operating incone $3,220 P Foundational 5-11 (Algo) 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentage 35%