Required information The following information applies to the questions displayed below.) Monterey Co. makes and sells a single product. The current selling price is $14 per unit Variable expenses are $8.4 per unit, and fixed expenses total $25,400 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 $77,500 (Do not round Intermediate calculations. Round your percentage answer to 2 decimal places.) Margin of safety Margin of safety of ratio