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 (31.55 KiB) Viewed 11 times

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: $ 25 Selling price per unit Variable expense per unit Fixed expense per month $14 Unit sales per month $8,910 960 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).) 1. Margin of safety (in dollars) 2. Margin of safety percentage 15.63%