33.33 points X 1 Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Mc 02:52:30 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 Fixed expense per month Unit sales per month $ 26 $ 14 $ 10,560 1,030 Required: 1. What is the company's margin of safety? Note: Do not round intermediate calculations. 2. What is the company's margin of safety as a percentage of its sales? Note: Round your percentage answer to 2 decimal places (i.e. .1234 should be entered as 12.34). X Answer is complete but not entirely correct. $ 17,588 X 1. Margin of safety (in dollars) 2. Margin of safety percentage 49.43 %

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Required: 1. What is the company's margin of safety? Note: Do not round intermediate calculations. 2. What is the company's margin of safety as a percentage of its sales? Note: Round your percentage answer to 2 decimal places (i.e. 1234 should be entered as 12.34)