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Brief Exercise 11-6 (Algo) Margin of safety LO 11-6 Owl Incorporated makes a product that sells for $160 per unit. The company pays $100

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Brief Exercise 11-6 (Algo) Margin of safety LO 11-6 Owl Incorporated makes a product that sells for $160 per unit. The company pays $100 per unit for the variable costs of the product and incurs annual fixed costs of $255,000. Owl Incorporated expects to sell 8,200 units of product Required: Determine Owl's margin of safety expressed as a percentage. Note: Round your percentage answer to 1 decimal place. Margin of safety %

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