b. Calculate the margin of safety and the margin of safety ratio. Assume current sales are $105,000. (Do not round intermediate calculations. Round your percentage answer to 2 decimal places.)

! Required information [The following information applies to the questions displayed below.) Monterey Co. makes and sells a single product. The current selling price is $16 per unit. Variable expenses are $9.6 per unit, and fixed expenses total $35,600 per month. (Unless otherwise stated, consider each requirement separately.) Required: a. Calculate the breakeven point expressed in terms of total sales dollars and sales volume. (Do not round intermediate calculations.) Breakeven sales Breakeven volume units