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please solve with formulas Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below:
please solve with formulas 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 $ 27 $ 18 $ 7,380 970 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 (.e. 1234 should be entered as 12.34)) Answer is complete but not entirely correct. S 1. Margin of safety (in dollars) 2. Margin of safety percentage 4,050 15.00 %
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