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Thornton Company makes a product that sells for $33 per unit. The company pays $23 per unit for the variable costs of the product and

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Thornton Company makes a product that sells for $33 per unit. The company pays $23 per unit for the variable costs of the product and incurs annual fixed costs of $87,000. Thornton expects to sell 22,100 units of product. Required Determine Thornton's margin of safety expressed as a percentage. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45) Margin of safety %

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