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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$ 24Variable expense per unit$ 16Fixed expense per month$ 6,720Unit sales per month990 Required:1. What is the companys margin of safety? (Do not round intermediate calculations.)2. What is the companys margin of safety as a percentage of its sales?
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