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

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Accounting

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next months budget appear below:

Selling price per unit $ 30
Variable expense per unit $ 20
Fixed expense per month $ 7,500
Unit sales per month 1,000

Required:

  1. What is the companys margin of safety?
  2. What is the companys margin of safety as a percentage of its sales?
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