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4 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 1 points Selling
4 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 1 points Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 29 $ 17 $ 9,600 950 Required: eBook 1. What is the company's margin of safety in sales dollars? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales (i.e., margin of safety in sales dollars divided by total current sales dollars)? (Round your percentage answer to 2 decimal places (i.e. 1234 should be entered as 12.34).) Hint 1. Margin of safety (in dollars) 2. Margin of safety percentage Print %
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