7 ts kipped Book Hint Print 0 erences Exercise 6-8 (Algo) Compute the Margin of Safety [LO6-7] Molander Corporation is a

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7 Ts Kipped Book Hint Print 0 Erences Exercise 6 8 Algo Compute The Margin Of Safety Lo6 7 Molander Corporation Is A 1 (21.71 KiB) Viewed 10 times

7 ts kipped Book Hint Print 0 erences Exercise 6-8 (Algo) Compute the Margin of Safety [LO6-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit Variable expense per unit. $ 30 $16 Fixed expense per month Unit sales per month $12,040 1,010 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 (l.e. 1234 should be entered as 12.34).) 1. Margin of safety (in dollars) 2. Margin of safety percentage % 3