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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
$
$
$
Required:
What is the company's margin of safety?
Note: Do not round intermediate calculations.
What is the company's margin of safety as a percentage of its sales?
Note: Round your percentage answer to decimal places ie should be entered as
table Margin of safety in dollars Margin of safety percentage
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