Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget a
Posted: Sun Jun 05, 2022 8:54 pm
Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: $26 Selling price per unit Variable expense per unit. Fixed expense per month $18 $ 7,200 1,050 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).) 1. Margin of safety (in dollars) 2. Margin of safety percentage %