please explain step by atep with formulas and explanations please

Molander Corporabon is a dsstrbutor of a sun umbrella used at resort hotels. Data concerning the next month's bucget appear below Required: 1. What is the companys margin of safety? (Do not round intermediote caiculations.) 2. What is the company's margin ot safety as a percentage of its sales? (Round your percentage answer to 2 decimal pleces (Le. 1234 should be entered as 12.34H