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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 $ 38 $ 18 $ 10,500 1.038 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 (le 1234 should be entered as 12.34).) 1 Margin of safety in dollars) 2. Margin of safety percentage
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