Heed The blowing mon armaton acotes to the quesnone desplayed below) Odo Company prepared the following contitution formue income statement tased on a sales volume of 1,000 units (the range of production is 500 units to 1500 un Sales Variable expenses Contribution margin and expenses Operating income 2, 20 11-a What is the margin of safety in dollars? (Do not round inermediate calculation 11-b. What is the margin of safety percentage? (Round your final answer to the nearest whole percentage ile, 12 should be entered as 12 Margin of y Required Information [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Operating income $ 20,900 12,300 8,600 6,708 $ 1,892 11-a. What is the margin of safety in dollars? (Do not round Intermediate calculations.) Margin of safety 11-b. What is the margin of safety percentage? (Round your final answer to the nearest whole percentage (l.e, 12 should be entered as 12).) Margin of safety 96