Question 1 Chelsea Inc. manufactures and sells Steel golf Shafts. The following are forecast for january 2022: Estimated cans of sales 10,000 units Selling price per unit 10.00 Direct materials per unit 2 pounds of steel at S0.40 per pound 0.5 pounds of alloy at $3.00 per pound Direct labor per unit $2.60 per unit Manufacturing Overhead Variable Overhead S1.10 per unit Plant and equipment depreciation S20,000.00 per month Miscellaneous $15,000.00 per month The plant and equipment depreciation and miscellaneous costs are fixed and all other costs are variable. Plant capacity is 20,000 units monthly. (3 marks) c) Refer to the original data. Compute the company's margin of safety in both Dollar and percentage form