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Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 20 points Selling price
Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 20 points Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 29 $ 17 $ 9,600 950 eBook Hint Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's 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).) Ask Print References 1. Margin of safety (in dollars) 2. Margin of safety percentage Whirly Corporation's contribution format income statement for the most recent month is shown below: 20 Sales (8,000 units) Variable expenses Contribution margin Fixed expenses Net operating income points Total $ 248,000 144,000 104,000 54,700 $ 49,300 Per Unit $31.00 18.00 $ 13.00 eBook Hint Ask Required: (Consider each case independently): Print References 1. What would be the revised net operating income per month if the sales volume increases by 90 units? 2. What would be the revised net operating income per month if the sales volume decreases by 90 units? 3. What would be the revised net operating income per month if the sales volume is 7,000 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income
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