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3 loom Company predicts it will incur fixed costs of $266,000 and earn income of $360,400 in the next period. Its expected contribution margin ratio is 54%. 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. 3loom Company predicts it will incur fixed costs of $266,000 and earn income of $360,400 in the next period, its expected contribution margin ratio is 54%. 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