Check 7 Exercise 5-8 (Algo) Compute the Margin of Safety [LO5-7) 05 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below points eBook Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 28 $ 19 $ 7,740 1,010 Ask References 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