Molanders 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 month's budget appear below: $24 per unit $13 per unit Selling price Variable expenses Fixed expenses Unit sales $9,130 per month 980 units per month Required 1. Compute the company's margin of safety. (Do not round intermediate calculations.) of 2. Compute the company's margin of safety as a percentage of its sales. Round your percentage answer to 2 decimal places (e.1234 should be entered as 12.34) Hints References eBook & Resources 20 P 888 F2 14 FS 2 3 4