Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next months budget appear below:

Selling price per unit	$	23
Variable expense per unit	$	17
Fixed expense per month	$	4,980
Unit sales per month		980

Required:

1. What is the companys margin of safety? (Do not round intermediate calculations.)

2. What is the companys margin of safety as

1.	Margin of safety (in dollars)
2.	Margin of safety percentage		%