Thornton Company makes a product that sells for $$33$ per unit. The company pays $$11$ per unit for the variable costs of the product and

incurs annual fixed costs of $$176,000.$ Thornton expects to sell $22,400$ units of product.

Required

Determine Thornton's margin of safety expressed as a percentage.

Note: Round your answer to $2$ decimal places. $($i$.$e$.,0\mathrm{.}2345$ should be entered as $23\mathrm{.}45)$