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	$	25,700
Variable expenses		13,900
Contribution margin		11,800
Fixed expenses		7,788
Net operating income	$	4,012

Required:
a.	What is the margin of safety in dollars? (Do not round intermediate calculations.)

Margin of safety

$

b.	What is the margin of safety percentage?

Margin of safety

%