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Wilde Home & Garden is organized into three departments. The following sales and cost data are available for the prior year: A- What is the
Wilde Home & Garden is organized into three departments. The following sales and cost data are available for the prior year:
A- What is the weighted average contribution margin ratio?
B-What level of sales is needed to earn a profit of $609,000 assuming the current mix?
C-hat is the contribution margin ratios of the three departments?
Dept.A Dept.B Dept.C Total Sales Less variable costs Contribution margin Less fixed costs Profit $288,000 $887,000 $979,000 $2,154,000 114,000 569,000 766,000 1,449,000 705,000 242,900 $462,100 213,000 96,100 $109,200 $236,000 $116,900 174,000 64,800 318,000 82,000Step by Step Solution
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