Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next months budget appear below: Selling price per unit $ 27, Variable expense per unit $ 14, Fixed expense per month $ 10,660, Unit sales per month 970.

Required: What is the companys margin of safety? Note: Do not round intermediate calculations.

What is the companys margin of safety as a percentage of its sales? Note: Round your percentage answer to 2 decimal places (i.e. .1234 should be entered as 12.34).