Question
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
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 | $ 30 |
|---|---|
| Variable expense per unit | $ 15 |
| Fixed expense per month | $ 13,050 |
| Unit sales per month | 1,020 |
1. What is the companys margin of safety?
2. What is the companys margin of safety as a percentage of its sales?
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Advanced Accounting Concepts And Practice
Authors: Arnold J. Pahler
9th Edition
0324233531, 978-0324233537
