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Question: bloom company management predicts that it will incur fixed costs...

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Bloom Company management predicts that it will incur fixed costs of $270,000 and earn pretax income of $330,000 in the next period. Its expected contribution margin ratio is 50%. Required 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable costs. Complete this question by entering your answers in the tabs below Required 1Required 2 Compute the amount of total variable costs Sales Fixed costs Pretax income Variable costs $1,200,000 270,000 330,000 600,000 KRequired 1 Required 2

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