Exercise 6-8 (Algo) Compute the Margin of Safety [LO6-7] 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 Required: $ 28 $ 13 $13,500 1,050 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 ences Exercise OA-1 (Algo) High-Low Method [LO6-10] The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hote occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's b with peaks occurring during the ski season and in the summer. Occupancy- Days Electrical Month Costs January 3,350) $ 9,241 February 3,610 $ 9,666 March 1,680 $ 5,208 April 1,230 $ 3,813 May 4,380 $ 10,428 June 1,690 $5,239 July 4,130 $ 10,058 August 4,250 $ 10,125 September 1,950 $ 6,045 October 2,140 $ 6,634 November 1,480 $ 4,588 December 2,710 $ 7,829 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of elec (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places answer to nearest whole dollar amount.) Variable cost of electricity Fixed cost of electricity per occupancy-day per month