The Vice President for Sales and Marketing at Waterways Corporation is planning foc production needs to meet sales dernand in the coming year. He is also trying to determine how the company's profits might be increased in the coming year. This problem asks you to use cost-volume-profit concepts to help Watenways understand contribution margins of some of its products and decide whether to mass produce any of them. Waterways marketsa simple water control and timer that it mass produces Lastyear, the company sold 751,000 units at an average selling price of $4.90 per unit. The vatiable costs were $2.575.930, and the focd costs were $772.779. What is the inargin of safety, both in dollars and as a fatio? (Round ratio to O decimal ploces, eg. 25\%) Margin of safety in dollars Margin of safety ratio