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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
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 $
Variable expense per unit $
Fixed expense per month $
Unit sales per month
Required:
What is the companys margin of safety?
Note: Do not round intermediate calculations.
What is the companys margin of safety as a percentage of its sales?
Note: Round your percentage answer to decimal places ie should be entered as
Please show step by step on how to find the margin of safety in dollars and margin of safety percentage. Thank you.
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