Question: Graded Chapter 6 Homework M Question 7-Graded Chapter 6 Homew Seved Help 7 1.6 points look Hint Molander Corporation is a distributor of a

Graded Chapter 6 Homework M Question 7-Graded Chapter 6 Homew Seved Help

Graded Chapter 6 Homework M Question 7-Graded Chapter 6 Homew Seved Help 7 1.6 points look Hint 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: $ 29 $ 18 $ 9,570 1,020 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).) Ask Print 1. Margin of safety (in dollars) References 2. Margin of safety percentage %

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