Question: value: 1.00 points Exercise 5-8 Compute the Margin of Safety [LO5-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data

value: 1.00 points Exercise 5-8 Compute the Margin of Safety [LO5-7]

value: 1.00 points Exercise 5-8 Compute the Margin of Safety [LO5-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below Selling price Variable expenses Fixed expenses Unit sales $30 per unit $15 per unit $13,350 per month 1,040 units per month Required 1. Compute the company's margin of safety. (Do not round intermediate calculations) Margin of safety 2. Compute 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). Margin of safety

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