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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: Selling price $25 per

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


Selling price $25 per unit
Variable expenses $8.75 per unit
Fixed expenses $13,162 per month
Unit sales 960 units per month

Requirement 1:
Compute the company's margin of safety.(Do not round intermediate calculations. Round your answer to the nearest dollar amount. Omit the "$" sign in your response.)

Margin of safety $
Requirement 2:

Compute the company's margin of safety as a percentage of its sales.(Round your intermediate calculations to the nearest dollar amount. Round your answer to the nearest whole percent. Omit the "%" sign in your response.)

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