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40. Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data conceming the next months budget app
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Answer #1
Selling Price 28
Variable Expenses 18
Contribution Margin (A) 10
Fixed Expenses (B) 8900
Break Even Sale (Units) 890
Break Even Sale ($) (C) 24920
Current Sales (D) 29120
Margin of Safety ($) (D) - (C) 4200
Margin of Safety (%) 16.85%
(represented as % of Breakeven Sales)
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