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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

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 $ 23 Variable expense per unit $ 14 Fixed expense per month $ 7,740 Unit sales per month 1,010 Required: 1. What is the companys margin of safety? (Do not round intermediate calculations.) 2. What is the companys margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).)

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