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Required information The following information applies to the questions displayed below] Monterey Co. makes and sells a single product. The current selling price is $17

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Required information The following information applies to the questions displayed below] Monterey Co. makes and sells a single product. The current selling price is $17 per unit. Variable expenses are $10 2 per unit, and fixed expenses total $39,380 per month (Unless otherwise stated, consider each requirement separately) b. Calculate the margin of safety and the margin of safety ratio. Assume current sales are $115.450. (Do not round intermediate calculations. Round your percentage answer to 2 decimal places.) Margin of safety Margin of safety of ratio

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