Benedetta Company makes a product that sells for $34 per unit. The company pays $18 per unit for the variable costs of the product and incurs annual fixed costs of $148,800. Benedetta expects to sell 21,900 units of product.

Required:

Determine Benedettas margin of safety expressed as a percentage. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45))

Margin of safety: %