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

PLEASE CORRECT THE RED

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Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price Variable expenses Fixed expenses Unit sales $28 per unit $18 per unit $9,000 per month 1,050 units per month Required 1. Compute the company's margin of safety. Answer is complete but not entirely correct. Margin of safetyS 150 3 2. Compute 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 and correct. Margin of safety 14.29 %

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