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( P - 3 5 ) Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget

(P-35) Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below:
Required:
What is the company's margin of safety?
Note: Do not round intermediate calculations.
What is the company's margin of safety as a percentage of its sales?
Note: Round your percentage answer to 2 decimal places (i.e.1234 should be entered as 12.34).
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