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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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