Gibson Company makes a product that sells for $33 per unit. The company pays $19 per unit for the variable costs of the product and incurs annual fixed costs of $119,000. Gibson expects to sell 21,100 units of product.

Required

Determine Gibsons margin of safety expressed as a percentage.

Note: Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45)