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 $ 26 $ 14 $ 10,320 1,010 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 (i.e. 1234 should be entered as 12.34).) | 1. Margin of safety (in dollars) 2. Margin of safety percentage Miller Company's contribution format income statement for the most recent month is shown below: Total $ 258,000 129,000 Sales (43,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Per Unit $ 6.00 3.00 $3.00 129,000 48,000 $ 81,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 17%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 20%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 8%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 15%? 1. Net operating income Net operating income 3. Net operating income 4. Net operating income