Bloom Company predicts it will incur fixed costs of $260,000 and earn income of $510,000 in the next period. Its expected contribution margin ratio is 70%. 1. Compute the amount of expected total dollar sales. 2. Compute the amount of expected total variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of expected total dollar sales. Dollar Sales Numerator: Denominator: II = = Total Dollar Sales 1 = Total dollar sales = Required 1 Required 2 > Bloom Company predicts it will incur fixed costs of $260,000 and earn income of $510,000 in the next period. Its expected contribution margin ratio is 70%. 1. Compute the amount of expected total dollar sales. 2. Compute the amount of expected total variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of expected total variable costs. Sales Fixed costs Income Variable costs