n/takeAssign ndoinvoker-Bcaken Margin of Safety Comer Company produces and sells strings of colorful indoor/outdoor lights for holiday desplay to retailers for $14.77 per string. The variable costs per string are as follows: Direct materials Direct labor Variable factory overhead Varlable selling expense $1.87 0.57 0.42 Fixed manufacturing cost totals $624,852 per year. Administrative cost Call fond) totals $471,702. Comer expects to sell 200,800 strings of light next year Required: 1. Calculate the break even point in units. 107.400 units 2. Calculate the margin of safety in units 93,400 units 3. Calculate the margin of safety in dollars Connection: Suppose Comer actually experiences a price decrease next year while all other costs and the number of units sold 4. Conceptual remain the same. Would this increase or decrease risk for the companv? (Hint: Consider what would happen to the number of break even backspace 8 9