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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 per

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 $ 29 Variable expense per unit $ 14
Fixed expense per month $ 12,450 Unit sales per month 980Required:1. What is the companys margin of safety? (Do not round
intermediate calculations.)2. What is the companys margin of safety as a percentage of its
sales? (Round your percentage answer to 2 decimal places (i.e.
0.1234 should be entered as 12.34).)

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