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6 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 3.12 points Selling
6 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 3.12 points Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 30 $ 16 $12,040 1,010 eBook 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. 0.1234 should be entered as 12.34).) Hint Print 1. Margin of safety (in dollars) 2. Margin of safety percentage % References
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