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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
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 3:. 23 Variable expense per unit $ 1? Fixed expense per" month $ 4,856- Unit sales per month 956 Required: 1. What is the company's margin of safety? [Do not round intermediate calculations.) 2. What is the com pany's margin of safety as a percentage of its sales? [Round your percentage answer to 2 decimal places (Le. .1234 should be entered as 12.34\" 1. Margin of safety {in dollars} _- 2. Margin of safety percentage _
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