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Mohan Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning next month's budget appear below: Selling price Variable expenses Fixed
Mohan Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning next month's budget appear below: Selling price Variable expenses Fixed expenses Unit sales $23 per unit $15 per unit $6,880 per month 1,010 units per month Required: 1. Compute the company's margin of safety. Margin of safety 2. Compute the company's margin of safety as a percentage of its sales. (Round your answer to 2 decimal places.) Margin of safety
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