Question: Chapter 2 HW Saved 3 points ebook 01 Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the
Chapter 2 HW Saved 3 points ebook 01 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 Required: 1. What is the company's margin of safety? $ 24 $14 $9,000 1,050 Note: Do not round intermediate calculations. 2. What is the company's margin of safety as a percentage of its sales? Note: Round your percentage answer to 2 decimal places (.e. .1234 should be entered as 12.34). 1. Margin of safety (in dollars) 2. Margin of safety percentage Help
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