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Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below:
Selling price
$25
per unit
Variable expenses
$18
Fixed expenses
$6,090
per month
Unit sales
1,020
units per month
Required:
1. Compute the company's 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).
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garcia corporation recently hired a new accountant with extensive experience in accounting for partnerships. because of
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