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Bloom Company predicts it will incur fixed costs of $257,000 and earn income of $459,900 in the next period. Its expected contribution margin ratio is
Bloom Company predicts it will incur fixed costs of $257,000 and earn income of $459,900 in the next period. Its expected contribution margin ratio is 67%. 1. Compute the amount of expected total dollar sales. 2. Compute the amount of expected total variable costs. X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of expected total dollar sales. Numerator: Total Dollar Sales Dollar Sales Denominator: Contribution margin ratio = 67% = Fixed costs plus income Total dollar sales $ 459,900 X 686,418 X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of expected total variable costs. Sales $ 2,350.000 X Fixed costs Income Variable costs
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