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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 Variable expense per unit Fixed expense per month Unit sales per month $ 30 $ 12 5.14,400 950 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 (ie. 0.1234 should be entered os 12.34).) 1. Margin of safety (in dollars) 2 Margin of safety percentage %
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