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	$ 26
Variable expense per unit	$ 13
Fixed expense per month	$ 10,790
Unit sales per month	980

Required:

1. What is the companys margin of safety?

Note: Do not round intermediate calculations.

1. 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).