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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 $ 15 $ 10,320 1,010 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 1234 should be entered as 12.34).) Answer is complete but not entirely correct. 1. Margin of safety (in dollars) 2. Margin of safety percentage $ 7,347x 26.94 %

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