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The following monthly data are available for Ellison Company which produces only one product. Selling price per unit, $76.00; Unit variable expenses, $15.20 Total fixed

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The following monthly data are available for Ellison Company which produces only one product. Selling price per unit, $76.00; Unit variable expenses, $15.20 Total fixed expenses, $9,000; Actual sales for the monthly of June, 1,050 units. How much is the margin of safety (in dollars) for the company in June? $68,550 $78,000 $63,840 $54,840

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