W Ltd makes leather purses and has drawn up the following budget for its next financial period:

Selling Price per unit	$11.60
Variable Production Costs per unit	$3.40
Variable Sales Commission Cost per unit	5% of selling price
Fixed Production Costs	$430,500
Fixed Selling and Administration Costs	$198,150
Sales units	90,000 units

The margin of safety as a percentage is?

A 5.6%

B 8.3%

C 11.6%

D 14.8%