chapter 18 question 10

Exercise 18-14 Predicting sales and validdle LU umy lumului Bloom Company management predicts that it will incur fixed costs of $260,000 and earn pretax income of $510,000 in the next period. Its expected contribution margin ratio is 70%. 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: 1 Choose Denominator: Total Dollar Sales = = Total dollar sales Required Required 2 > Bloom Company management predicts that it will incur fixed costs of $260,000 and earn pretax income of $510,000 in the next period. Its expected contribution margin ratio is 70%. 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 Required 1