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The following monthly data are available for Ellison Company which produces only one product: Selling price per unit, $64.00; Unit variable expenses, $16.00; Total fixed

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The following monthly data are available for Ellison Company which produces only one product: Selling price per unit, $64.00; Unit variable expenses, $16.00; Total fixed expenses, 57,800; Actual sales for the monthly of June, 750 units. How much is the margin of safety (in dollars) for the company in June? $28,200 $36,000 $37,600 $46,050

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