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Exercise $11-19$A $($Algo$)$ Margin of safety LO $11-6$

Information concerning a product produced by Ender Company appears here:

Sales price per unit $$172$

Variable cost per unit $$91$

Total annual fixed manufacturing and operating costs $$502,200$

Required

Determine the following:

Contribution margin per unit.

Number of units that Ender must sell to break even.

Sales level in units that Ender must reach to earn a profit of $$291,600.$

Determine the margin of safety in units, sales dollars, and as a percentage. a$.$ Contribution margin per unit.

b$.$ Number of units that Ender must sell to break even.

c$.$ Sales level in units that Ender must reach to earn a profit of $$291,600.$

a$.$ Contribution margin

b$.$ Break$-$even in units

c$.$ Break$-$even in units to earn profit of $$291,600$ Determine the margin of safety in units, sales dollars, and as a percentage.

Note: Round $$Percentage$$ answer to $1$ decimal place $($i$.$e$.,0\mathrm{.}234$ should be entered as $23\mathrm{.}4).$

Units? Sales $?$ Percentage

Margin of safety $\%?$