1. Grandin Corporation makes and sells a single product. The following information is available about the companys 2021 operations:

   • Grandin made and sold 32,348 units at the price of $57 per unit;
   • Grandins unit variable cost equaled $24 per unit (this includes both variable manufacturing and variable selling costs per unit);
   • Grandins manufacturing unit cost under textbook absorption costing equaled $30.16;
   • Grandins degree of operating leverage equaled 4.

   Grandins 2021 margin of safety in dollars was closest to

   	A.	$776,352
   	B.	$800,613
   	C.	$937,456
   	D.	$460,959
   	E.	$1,382,877