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Molander Corporation is a distributor of a sun umbrella used at resort hotels....

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Accounting

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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 Variable expenses Fixed expenses Unit sales $24 per unit $15 per unit $7,290 per month 960 units per month Required: 1. Compute the company's margin of safety. (Do not round intermediate calculations.) Margin of safety 2. Compute the company's margin of safety as a percentage of its sales. Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34). Margin of safety

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