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Exercise 6-8 (Algo) Compute the Margin of Safety (L06-7) Molander Corporation is a distributor of a sun umbrella used at resort hotels, Data concerning the

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Exercise 6-8 (Algo) Compute the Margin of Safety (L06-7) Molander Corporation is a distributor of a sun umbrella used at resort hotels, Data concerning the next month's budget appear below. Belling price per unit Variable expense per unit Fixed expense per month $ 11,050 Unit sales per month 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 (ie. 1234 should be entered as 12.34).) $ 13 1.000 1. Margin of safety in dollars) 2. Margin of safety percentage

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