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View previous attempt Molander Corporation is a distributor of a sun umbrella used at resort...

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Accounting

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View previous attempt 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 $ 28 $ 19 $ 7,380 970 Required: 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. .1234 should be entered as 12.34).) $ 1. Margin of safety (in dollars) 2. Margin of safety percentage 24,788 91.27 %

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