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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 $27 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 $27 per unit Variable expenses $16 per unit Fixed expenses $8,910 per month Unit sales 960 units per month Requirement 1: Compute the company's margin of safety. (Omit the "$" sign in your response.) Margin of safety $ Requirement 2: Compute the company's margin of safety as a percentage of its sales. (Round your answer to the nearest whole percent. Omit the "%" sign in your response.) Margin of safety as a percentage of sales %
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