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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question 10 Exercise 5-8 Compute the Margin of Safety [LO5-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 0.72 points Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 30 s 12 $16,020 1,040 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).) Answer is complete but not entirely correct. Margin of safety (in dollars) 2. Margin of safety percentage 4,500 1.442.31 > %

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