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Business, 01.07.2021 19:50 wowihavefun

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 $29 per unit
Variable expenses $16 per unit
Fixed expenses $8,600 per month
Unit sales 1,010 units per month

Required:
a. Compute the company’s margin of safety.
b. Compute the company’s margin of safety as a percentage of its sales.

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