Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next months budget appear below: Selling price $23 per unit Variable expenses $16 per unit Fixed expenses $5,670 per month Unit sales 960 units per month

Required: 1. Compute the companys margin of safety. (Do not round intermediate calculations.)

2. Compute the companys 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).