Marathon Company makes and sells a single product. The current selling price is $$18$ per unit. Variable expenses are $$10\mathrm{.}8$ per unit, and fixed expenses total $$47,560$ per month.

$($Unless otherwise stated, consider each requirement separately.$)$

Problem $12-25($Algo$)$ Part b

b$.$ Calculate the margin of safety and the margin of safety ratio. Assume current sales are $$951,580.$

Note: Do not round intermediate calculations. Round your percentage answer to $2$ decimal places.

Margin of Safety

Margin of Safety of Ratio $\%$