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Sun & Ski Corporation is the producer of a ski goggle. Next period's budget data appear below: Selling price per unit Variable expense per unit
Sun & Ski Corporation is the producer of a ski goggle. Next period's budget data appear below: Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 25 $ 18 $ 6,020 1,010 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 (i.e. 0.1234 should be entered as 12.34).)
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