Rercise 5-8 Compute the Margin of Safety (LO5-7) Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget ppear below: Selling price per unit Variable expense per unit Tixed expense per month Unit sales per month $ 27 $ 14 $11,440 1,030 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).) 1. Margin of safety (in dollars) 12. Margin of safety percentage