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

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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 per unit Variable expense per unit Fixed expense per month Unit sales per month $ 24 $ 15 S 7,290 960 Requirec 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).) 1.Margin of safety (in dollars) Margin of safety percentage

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