Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next months budget appear below:

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: $28 per unit $19 per unit Selling price Variable expenses Fixed expenses Unit sales $7,380 per month 970 units per month Required: 1. Compute the company's margin of safety. (Do not round intermediate calculations.) Margin of safety 2. Compute 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