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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

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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 unit Variable expense per unit Fixed expense per month. Unit sales per month Required: $ 29 $17 $ 10,560 1,030 1. What is the company's margin of safety in sales dollars? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales (ie., margin of safety in sales dollars divided by total current sales dollars)? (Round your percentage answer to 2 decimal places (i.e. .1234 should be entered as 12.34).) 1. Margin of safety (in dollars) 2. Margin of safety percentage $ 4,350 %

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