7 Exercise 21-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it will incur fixed costs of $270,000 and earn pretax income of $330,000 in the next period, its expected contribution margin ratio is 50%. 0.58 points 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 Compute the amount of total dollar sales References Nu Required 1 ney Compute the amount of total variable costs. Sales Fixed costs Pretax income Variable costs K Requ