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Sunday 22 January 2017

Bloom Company management predicts that it will incur fixed costs of $253,000 and earn pretax income of $395,900 in the next period

Bloom Company management predicts that it will incur fixed costs of $253,000 and earn pretax income of $395,900 in the next period. Its expected contribution margin ratio is 63%.


1.     Compute the amount of total dollar sales.
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2.     Compute the amount of total variable costs.

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