Exercise 1815 (Algo) Predicting sales and variable costs using contribution margin LO C2 Bloom Company predicts it will incur fixed costs of $253,000 and earn income of $395,900 in the next period. its expected contribution margin ratio is 63%. 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. Compute the amount of expected total dollar sales. Bloom Company predicts it will incur fixed costs of $253,000 and earn income of $395,900 in the next period. Its expected contribution margin ratio is 63%. 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. Compute the amount of expected total variable costs