Relevant Information Skin Cream Bath oil 128,000 208,000 Color Gel 88,000 14 9 Budgeted sales in units (a) Expected sales price (b) Variable costs per unit (c) Income statements Sales revenue (a x b) Variable costs (a x c) Contribution margin Fixed costs Net Income $1,152,000 (256,000) 896,000 (693,800) $ 203,000 $1,456,820 (832,880) 624,000 (495,000) $ 129,000 $1,232,000 (792,000) 440.000 (140,000 $ 300,000 Required: a. Determine the margin of safety as a percentage for each product b. Prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. c. For each product, determine the percentage change in net income that results from the 20 percent increase in sales. d. Assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? e. Assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line? Complete this question by entering your answers in the tabs below. Req A RegB ReqC Reg D to E Determine the margin of safety as a percentage for each product. (Round your answers to whole percentage values.) Skin Cream b ath On Color Gel Margin of safety RegB>