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Bloom Company management predicts that it will incur fixed costs of $252,000 and earn pretax income of $380,400 in the next period. Its expected contribution

Bloom Company management predicts that it will incur fixed costs of $252,000 and earn pretax income of $380,400 in the next period. Its expected contribution margin ratio is 62%.

1. Compute the amount of total dollar sales.

2. Compute the amount of total variable costs.

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