Question: Need help working this problem, thanks! Bloom Company management predicts that it will incur fixed costs of $160,000 and earn pretax income of $164,000 in
Need help working this problem, thanks!

Bloom Company management predicts that it will incur fixed costs of $160,000 and earn pretax income of $164,000 in the next period. Its expected contribution margin ratio is 25%. Compute the amount of total dollar sales. Compute the amount of total variable costs
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
