Business, 06.08.2021 22:50, uniqueray33
Predicting sales and variable costs using contribution margin LO C2
Bloom Company management predicts that it will incur fixed costs of $259,000 and earn pretax income of $493,100 in the next period. Its expected contribution margin ratio is 69%.
Required:
1. Compute the amount of total dollar sales.
2. Compute the amount of total variable costs.
Required 1
Compute the amount of total dollar sales.
Dollar Sales
Choose Numerator: / Choose Denominator: = Total Dollar Sales
/ = Total dollar sales
/ =
Required 2
Compute the amount of total variable costs.
Sales
Fixed costs
Pretax income
Variable costs
Answers: 2
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Predicting sales and variable costs using contribution margin LO C2
Bloom Company management predic...
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