Mohan Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning next months budget appear below:

Selling price		$24	per unit
Variable expenses		$17	per unit
Fixed expenses		$5,880	per month
Unit sales		990	units per month

Required:
1.	Compute the companys margin of safety.

Margin of safety

$

2.	Compute the companys margin of safety as a percentage of its sales.(Round your answer to 2 decimal places.)

Margin of safety

%