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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: $ 27 $ 13 $ 11,340 960 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 (i.e., 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 %

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