Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: $30 $20 Selling price per unit Variable expenses per unit Fixed expense per month Unit sales per month $7,500 1,000 Question 1 Not complete Marked out of 1.00 P Flag question What is the company's margin of safety? Answer: Check Question 2 Not complete Marked out of 1.00 P Flag question What is the company's margin of safety as a percentage of its sales? Express your answers in decimal. Answer: Check
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