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

Selling price		$29	per unit
Variable expenses		$15	per unit
Fixed expenses		$11,620	per month
Unit sales		980	units per month

1.

1a. Compute the companys margin of safety. 1b.

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).