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Showing posts with label contribution margin. Show all posts
Showing posts with label contribution margin. Show all posts

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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