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

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NELUI LU YUGSLIUN Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 23 $ 12 $ 9,130 980 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's 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).) Answer is complete but not entirely correct. 1. 2. Margin of safety (in dollars) Margin of safety percentage $ 187,450 32.00 %

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