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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 | |
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Required: | |||
1. | Compute the companys margin of safety. (Do not round intermediate calculations.)
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