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What is the company margin of safety

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Question - 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 $24

Variable expense per unit $17

Fixed expense per month $5,600

Unit sales per month 950

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?

Reference no: EM133068828

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