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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 $23 per unit Variable expenses $13 per unit Fixed expenses $9,000 per month Unit sales 1,050 units per month Required: 1. Compute the companys margin of safety. 2. Compute the companys 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).

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