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

Selling price		$26	per unit
Variable expenses		$16	per unit
Fixed expenses		$8,800	per month
Unit sales		1,030	units per month

Required:
1.	Compute the companys margin of safety.

2.	Compute the companys 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).