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 The margin of safety as a percentage is?
A 5.6%
B 8.3%
C 11.6%
D 14.8%