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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
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: Selling price per unit.. Variable expense per unit Fixed expense per month Unit sales per month.. $30 $20 $7,500 1,000 Required: 1. What is the company's margin of safety? 2. What is the company's margin of safety as a percentage of its sales?
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