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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: Required: What is the

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below:
Required:
What is the company's margin of safety? (Do not round intermediate calculations.)
What is the company's 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).)
Margin of safety (in dollars)
Margin of safety percentage
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