Margin of SafetyCiganda Company produces and sells strings of colorful indoor$/$outdoor lights for holiday display to retailers for $$10\mathrm{.}56$ per string. The variable costs per string are as follows:Line Item DescriptionCostDirect materials$$2\mathrm{.}90$Direct labor$1\mathrm{.}70$Variable factory overhead$0\mathrm{.}48$Variable selling expense$0\mathrm{.}42$Fixed manufacturing cost totals $$372,922$ per year. Administrative cost $($all fixed$)$ totals $$240,350.$ The company expects to sell $93,600$ strings of light next year.Required:$1.$ Calculate the break$-$even point in units.fill in the blank $1$ of $1$ units$2.$ Calculate the margin of safety in units.fill in the blank $1$ of $1$ units$3.$ Calculate the margin of safety in dollars.fill in the blank $1$ of $1$$$4.$ Conceptual Connection: Suppose Ciganda actually experiences a price decrease next year while all other costs and the number of units sold remain the same. Would this increase or decrease risk for the company? $($Hint: Consider what would happen to the number of break$-$even units and to the margin of safety.$)$