Giro Inc, manufactures and sell bicycle safety helmets. Price and cost data for the product follows: $25.00 13.50 Selling price per unit Variable costs per unit: Direct Materials Direct Labour Manufacturing overhead Selling expenses Total variable cost per unit Annual total fixed costs: Manufacturing overhead Selling and administrative Total fixed costs Forecasted annual sales volume in units 50 5.00 3.00 1.30 $19.80 $192,000 276,000 $468,000 120,000 Required: a. Calculate Giro's margin of safety in sales dollars. b. How many units does the company have to sell in order to generate a net income figure of $600,000? The company has a 35% tax rate. c. Giro is looking at the possibility of renting a machine at an annual cost of $90,000. This machine would allow Giro to reduce its direct labour costs by 15% and its variable manufacturing overhead costs by 5%. Advise Giro as to what the company should do