Saved Cowboy Ice Cream Company (CIC) is considering the addition of a new product to its retail line of ice three distinctly different options: mint chocolate chip, salted caramel, or birthday cake. Relevant inform Income statements for each of the products follow. Mint Chocolate Relevant Information Birthday 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 Salted Caramel Cake Chip 104,000 184,000 64,000 $ 9 $ 4 $ $ 2 $ 1 $ $ 936,000 (208,000) 728,000 (441,000) $ 736,000 (184,000) 552,000 (315,000) $ 287,000 $ 237,000 11 6 $ 704,000 (384,000) 320,000 (80,000) $ 240,000 Required a. Determine the margin of safety as a percentage for each product. Complete this question by entering your answers in the tabs below. Req A Determine the margin of safety as a percentage for each product. (Round your answers to whole pem Margin of safety Mint Chocolate Chip % Salted Caramel Birthday Cake % %