Business, 26.03.2020 19:13 ginocousins06

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 $ 26 Variable expense per unit $ 13 Fixed expense per month $ 10,400 Unit sales per month 950 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).)

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