Question: Exercise 21-15 (Algo) Predicting sales and variable costs using contribution margin LO C2 Bloom Company predicts it will incur fixed costs of $269,000 and

Exercise 21-15 (Algo) Predicting sales and variable costs using contribution margin LO

Exercise 21-15 (Algo) Predicting sales and variable costs using contribution margin LO C2 Bloom Company predicts it will incur fixed costs of $269,000 and earn income of $337,900 in the next period. Its expecte contribution margin ratio is 51%. 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 Dollar Sales Denominator: = Total Dollar Sales Compute the amount of expected total dollar sales. Numerator: 1 II II Total dollar sales

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