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Bloom company management predicts that it will incur fixed

Question - Bloom Company management predicts that it will incur fixed costs of $265,000 and earn pretax income of $367,500 in the next period. Its expected contribution margin ratio is 55%.

1. Compute the amount of total dollar sales.

2. Compute the amount of total variable costs.

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Accounting Basics: Bloom company management predicts that it will incur fixed

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Accounting Basics: Bloom company management predicts that it will incur fixed

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