Required Information [The following information applies to the questions displayed below] Monterey Co. makes and sells a single product. The current selling price is $15 per unit. Variable expenses are $9 per unit, and fixed expenses total $29,900 per month (Unless otherwise stated, consider each requiremenit separately) b. Calculate the margin of safety and the margin of safety ratio. Assume current sales are $89,750. (Do not round Intermedlate calculations. Round your percentage answer to 2 decimal places.) Margin of safety Margin of safety of ratio