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Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next months budget appear below: Selling price $26 per

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

Selling price $26 per unit
Variable expenses $18 per unit
Fixed expenses $6,480 per month
Unit sales 960 units per month

Required:
1.

Compute the companys margin of safety. (Do not round intermediate calculations.)

2.

Compute the companys 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).

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