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Bloom Company management predicts that it will incur fixed costs of $264,000 and earn pretax...

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Accounting

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Bloom Company management predicts that it will incur fixed costs of $264,000 and earn pretax income of $374,400 in the next period. Its expected contribution margin ratio is 56%. Required: 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of total dollar sales. Dollar Sales 1 Choose Denominator: Choose Numerator: Total Dollar Sales 1 Total dollar sales 1 Required Required 2 > Bloom Company management predicts that it will incur fixed costs of $264,000 and earn pretax income of $374,400 in the next period. Its expected contribution margin ratio is 56%. Required: 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of total variable costs. Sales Fixed costs Pretax income Variable costs

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