Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month’s budget appear below:

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?
 

Transcribed Image Text:

$24 Selling price per unit Variable expense per unit$ Fixed expense per month $6,090 17 Unit sales per month 1,020 $24 Selling price per unit Variable expense per unit$ Fixed expense per month $6,090 17 Unit sales per month 1,020

Answer rating: 100% (QA)

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