Exercise 4-16

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Wilde Home & Garden is organized into three departments. The following sales and cost data are available for the prior year: What is the weighted average contribution margin ratio? (Round answer to 4 decimal places, e.g. 0.5212.) What level of sales is needed to earn a profit of $584,000 assuming the current mix? (Round answer to the nearest whole dollar, e.g. 5,275.) What is the contribution margin ratios of the three departments? (Round answers to 2 decimal places, e.g. 15.25.) Wilde Home & Garden places an advertisement in the local paper each week. All else equal, which department would you emphasize in the advertisement