Bloom Company predicts it will incur fixed costs of $252,000 and earn income of $380,400 in...

  

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Bloom Company predicts it will incur fixed costs of $252,000 and earn income of $380,400 in the next period. Its expected contribution margin ratio is 62%. 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 dollar sales. Dollar Sales Numerator: Denominator: 11 || = Total Dollar Sales Total dollar sales Required 1 Required 2 Compute the amount of expected total variable costs. Sales Fixed costs Income Variable costs Bloom Company predicts it will incur fixed costs of $252,000 and earn income of $380,400 in the next period. Its expected contribution margin ratio is 62%. 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 dollar sales. Dollar Sales Numerator: Denominator: 11 || = Total Dollar Sales Total dollar sales Required 1 Required 2 Compute the amount of expected total variable costs. Sales Fixed costs Income Variable costs

Answer rating: 100% (QA)

To compute the amount of expected total dollar sales we can use the contribution margin ratio The contribution margin ratio is the percentage of each ... View the full answer