Otto Company makes a product that sells for $5 per unit. The company pays $3 per unit for the variable costs of the product and incurs fixed costs of $50,000. Otto expects to sell 30,000 units of product.

Required

Determine Ottos margin of safety in units, sales dollars, and as a percentage. (Round "Percentage" answer to 1 decimal place. (i.e., .234 should be entered as 23.4).)

Units Sales Percentage

Otto's Margin of Safety