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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 $ 28
Variable expense per unit $ 17
Fixed expense per month $ 9,020
Unit sales per month 970
Required:
What is the companys margin of safety?
Note: Do not round intermediate calculations.

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