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Molander Corporation is a distributor of sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price: 30$ per unit

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

Selling price: 30$ per unit

Variable Expenses: 16$ Per Unit

Fixed Expenses: 11,480$ per month

Unit Sales: 970 per units per month

Required:

1.) Compute the company's margin of safety.

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