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

Selling price per unit $ $23$

Variable expense per unit $ $13$

Fixed expense per month $ $8,400$

Unit sales per month $990$

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$.\mathrm{.}1234$ should be entered as $12\mathrm{.}34).)$MetaMolander Corporation is a distributor of a sun umbrella used at resort hotels. Data

concerning the next month's budget appear below:

Selling price per unit

Variable expense per unit

Fixed expense per month

Unit sales per month

$$23$

$$13$

$$8,400$

$990$

Required:

What is the company's margin of safety? $($Do not round intermediate calculations.$)$

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 $12\mathrm{.}34).)$