Cowboy Ice Cream Company (CIC) is considering the addition of a new product to its retail line of ice cream bars. The company has three distinctly different options: mint chocolate chip, salted caramel, or birthday cake. Relevant information and budgeted annual Income statements for each of the products follow. Relevant information Mint Chocolate Salted Birthday Chip Caramel Cake 120,000 200,000 80,000 S 10 $ 6 13 5 2 $ 3 S 8 Budgeted sales in unita () Expected sales price (b) Variable costs per unit (0) Income statements Sales revenue (b) Variable contac) Contribution margin Fixed costs Set income $ 1,200,000 (240.000) 960,000 (609,000 351.000 $1,200,000 (600.000 600,000 1435.000 5165,000 $1,000,000 (640.000) 400,000 120.000 $ 200,000 Required a. Determine the margin of safety as a percentage for each product Complete this question by entering your answers in the tabs below. REGA Determine the margin of safety as a percentage for each product. (Round your answers to whole percentage values Mint Chocolate Chip Salted Caramel Birthday Calco Margin of safety