Exercise 5-5 (Algo) Compute the Margin of Safety [LO5-5] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: $ 25 $19 Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 5,040 990 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 sh 1. Margin of safety (in dollars) 2. Margin of safety percentage % be entered as 12.34).

Exercise 5-5 (Algo) Compute the Margin of Safety [LO5-5] 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 )