Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget a

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Molander Corporation Is A Distributor Of A Sun Umbrella Used At Resort Hotels Data Concerning The Next Month S Budget A 1 (26.83 KiB) Viewed 12 times

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: $ 27 Selling price per unit Variable expense per unit Fixed expense per month $ 15 $ 10,320 1,010 Unit sales per month. Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 1234 should be entered as 12.34).) Answer is complete but not entirely correct. 1. Margin of safety (in dollars). $ 7,347 x 2. Margin of safety percentage: 26.94%