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 months budget appear below:

Selling price per unit	$	30
Variable expense per unit	$	14
Fixed expense per month	$	12,960
Unit sales per month		960

Required:

1. What is the companys margin of safety? (Do not round intermediate calculations.)