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 $ 29 Variable expense per unit $ 14 Fixed expense per month $ 12,450 Unit sales per month 980 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? (Round your percentage answer to 2 decimal places (i. e. 0.1234 should be entered as 12.34).)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The ability to combine marketing knowledge with operations knowledge is an example of ___ skills
Answers (2)
Gardening supplies are hot now, but they haven't always been. Why is this true of other businesses, too? A. A little gardening improves any business. B. Hot businesses often go through cycles. C. More businesses are hot now than ever before. D.
Answers (2)
A. True b. False to be charged as an accomplice, there must be independent evidence connecting the defendant with the commission of the offense.
Answers (1)
An employee observes an outside individual putting some computer disks in her purse. the employee does not report this security breach. what security measures should have been in place to minimize this threat
Answers (1)
One of the biggest dangers in borrowing from people you know is their potential for? A flexibility. B reneging on the money. C charging higher interest. D ulterior motives.
Answers (2)
New Questions in Business
A broker that does not represent the seller or the buyer but simply is paid a fee to bring the two together is called a
Answers (1)
Exxon Mobil Corporation explores, produces, refines, markets, and supplies crude oil, natural gas, and petroleum products in the United States and around the world.
Answers (1)
As explained in the individual in a networked world: two scenarios, the metaverse will be a combination of:
Answers (1)
Factory Overhead Rate, Entry for Applying Factory Overhead, and Factory Overhead Account Balance The cost accountant for River Rock Beverage Co.
Answers (1)
Minimum-wage laws can keep wagesa. a) above equilibrium and cause a surplus of labor. b) above equilibrium and cause a shortage of labor. c) below equilibrium and cause a surplus of labor. d) below equilibrium and cause a shortage of labor.
Answers (1)