Question: Saved Exercise 21-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it will incur fixed costs of $257,000

 Saved Exercise 21-14 Predicting sales and variable costs using contribution margin

Saved Exercise 21-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it will incur fixed costs of $257,000 and earn pretax income of $459,900 in the next period. Its expected contribution margin ratio is 67% 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. Choose Numerator: Dollat Sales Choone Denominator: Total Dollar Sales Total dollar salon - Red Required 2 >

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!