Refer to the in Exercise 4-16.(Round all decimals answers to 4 places and dollar answers to the nearest dollar.)
Required
a. Calculate profit as a percent of sales in the prior year.
b. Suppose sales in the current year increase by 15 percent. Calculate profit as a percent of sales for the new level of sales and explain why the percent is greater than the one calculated in part a.

Information from 4-16

. Wilde Home & Garden is organized into three departments. The following sales and cost data are available for the prior year: (4-16)

	Dept A	Dept B	Dept C	Total
Sales	$285,000	$900,000	$955,000	$2,140,000
Less: VC	125,000	565,000	755,000	1,445,000
CM	160,000	335,000	200,000	695,000
Less: FC	70,000	90,000	95,000	255,000
Profit	90,000	245,000	105,000	440,000

Please show work.