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Compute the amount of total dollar sales

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Reference no: EM132316106

Question

Bloom Company management predicts that it will incur fixed costs of $255,000 and earn pretax income of $427,500 in the next period. Its expected contribution margin ratio is 65%.

Required:

1. Compute the amount of total dollar sales.

2. Compute the amount of total variable costs.

Reference no: EM132316106

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