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Results 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
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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 per unit Variable expense per unit Fixed expense per month Unit sales per month $ 30 $20 $ 7,500 1,000 Required: 1 What is the company's margin of safety? 2. What is the company's margin of safety as a percentage of its sales? 1. Margin of safety in dollars) 2. Margin of safety percentage Step by Step Solution
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