Question
Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price par
Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price par unit Variable expense per unit. Fixed expense per month Unit sales per month $ 29 12 $14,110 980 Required: 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 (l.e. 1234 should be entered as 12.34).) 1. Margin of safety (in dollars): 2. Margin of safety percentage % Prev 1 of 1 Next> MacBook Air
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