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Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Sales Variable expenses $600,000 420,000 Per Unit $ 40

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Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Sales Variable expenses $600,000 420,000 Per Unit $ 40 28 180,000 151,200 $ 12 Contribution margin Fixed expenses Net operating income $ 28,800 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34) Dollars Percentage Margin of safety

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