Exercise 18-15 (Algo) Predicting sales and variable costs using contribution margin LO C2 Bloom Company predicts it will incur fixed costs of $267,000 and earn income of $353,100 in the next period. Its expected contributior margin ratio is 53%. 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. Compute the amount of expected total dollar sales. Exercise 18-15 (Algo) Predicting sales and variable costs using contribution margin LO C2 Bloom Company predicts it will incur fixed costs of $267,000 and earn income of $353,100 in the next period. Its expected contributic margin ratio is 53%. 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. Compute the amount of expected total variable costs