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Bloom Company management predicts that it will incur fixed costs of $265,000 and earn pretax income of $367,500 in the next period. Its expected contribution
Bloom Company management predicts that it will incur fixed costs of $265,000 and earn pretax income of $367,500 in the next period. Its expected contribution margin ratio is 55%. Required: 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable costs.
Dollar Sales Choose Denominator: Choose Numerator: Total Dollar Sales Total dollar sales Sales Fixed costs Pretax income Variable costsStep by Step Solution
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