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. $ 24 Selling price per unit Variable expense per unit Fixed expense per month $15 Unit sales per month $7,560 990 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).) 1. Margin of safety (in dollars) 2. Margin of safety percentage % Exercise 6-1 (Algo) The Effect of Changes in Sales Volume on Net Operating Income [LO6-1] Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit. $ 34.00 18.00 $16.00 Sales (7,500 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 255,000 135,000 120,000 54,800 $ 65,200 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 80 units? 2. What would be the revise net operating income per month if the sales volume decreases by 80 units? 3. What would be the revised net operating income per month if the sales volume is 6,500 units? 1. Revised not operating income 2. Revised net operating income 3. Revised net operating income