Exercise 11-19 Margin of safety LO 11-6

Information concerning a product produced by Ender Company appears here:

Sales price per unit	$	167
Variable cost per unit	$	78
Total annual fixed manufacturing and operating costs	$	623,000

Required

Determine the following:

Contribution margin per unit.

Number of units that Ender must sell to break even.

Sales level in units that Ender must reach to earn a profit of $222,500.

Determine the margin of safety in units, sales dollars, and as a percentage. (Round Percentage answer to 1 decimal place (i.e., 0.234 should be entered as 23.4).)