Question: please help Exercise 6-8 (Static) Compute the Margin of Safety (LO6-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data

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Exercise 6-8 (Static) Compute the Margin of Safety (LO6-7] 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 $ 30 $ 20 $ 7,500 1,000 Required: 1. What is the company's margin of safety? 2. What is the company's margin of safety as a percentage of its sales? 1. Margin of safety (in dollars) 2. Margin of safety percentage %

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