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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 $ 25
Variable expense per unit $ 16
Fixed expense per month $ 7,740
Unit sales per month 1,010
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 2 decimal places (i.e..1234 should be entered as 12.34).

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