Question: Hello, I need some help with the formula on what you add together for the problem below. Thank you! I think Course Hero is not
Hello, I need some help with the formula on what you add together for the problem below. Thank you! I think Course Hero is not uploading the images properly, I have provided a link to the image below:
https://ibb.co/bH7b47v
#6

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 29 Variable expense per unit 18 Fixed expense per month $ 9,350 Unit sales per month 1, 000 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. 0.1234 should be entered as 12.34).) 1. Margin of safety (in dollars) 2. Margin of safety percentage
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