Exercise 21-15 (Algo) Predicting sales and variable costs using contribution margin LO C2 Bloom Company predicts it will incur fixed costs of $269,000 and earn income of $337,900 in the next period. Its expected contribution margin ratio is 51%. 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