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Bloom Company management predicts that it will incur fixed costs of $252,000 and earn pretax...

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Accounting

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Bloom Company management predicts that it will incur fixed costs of $252,000 and earn pretax income of $380,400 in the next period. Its expected contribution margin ratio is 62%. 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 Required 2 Compute the amount of total dollar sales Choose Numerator: Choose Denominator:Total Dollar Sales Total dollar sales Required1 Required 2> Accounts receivable Contribution margin ratio Cost of goods sold Direct material costs Bloom Company management predicts that it will incur fixed costs of $252,000 and earn pretax income of $380,400 in the next period. Its expected contribution margin ratio is 62%. 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 Choose Numerator: , Choose Denominator: Total Dollar Sales = | Total dollar sales Accounts receivable Contribution margin ratio Cost of goods sold Direct material costs

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