Exercise 6-8 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 $ 26 $ 17 $ 8,100 1,050 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 (.e. 0.1234 should be entered as 12.34).) Answer is complete but not enti correct. 1 2 Margin of safety in dollars) Margin of safety percentage $ 37,800 23,400.00 %