FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Bloom Company predicts it will incur fixed costs of $256,000 and earn income of $443,600 in the next period. Its expected
contribution margin ratio is 66%.
1. Compute the amount of expected total dollar sales.
2. Compute the amount of expected total variable costs.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Compute the amount of expected total dollar sales.
Dollar Sales
Numerator:
Denominator:
Required 1
Total Dollar Sales
Total dollar sales
Required 2 >
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Transcribed Image Text:Bloom Company predicts it will incur fixed costs of $256,000 and earn income of $443,600 in the next period. Its expected contribution margin ratio is 66%. 1. Compute the amount of expected total dollar sales. 2. Compute the amount of expected total variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of expected total dollar sales. Dollar Sales Numerator: Denominator: Required 1 Total Dollar Sales Total dollar sales Required 2 >
Bloom Company predicts it will incur fixed costs of $256,000 and earn income of $443,600 in the next period. Its expected
contribution margin ratio is 66%.
1. Compute the amount of expected total dollar sales.
2. Compute the amount of expected total variable costs.
Complete this question by entering your answers in the tabs below.
Required 2
Required 2
Compute the amount of expected total variable costs.
Required 1
Sales
Fixed costs
Income
Variable costs
< Required 1
Required 2 >
expand button
Transcribed Image Text:Bloom Company predicts it will incur fixed costs of $256,000 and earn income of $443,600 in the next period. Its expected contribution margin ratio is 66%. 1. Compute the amount of expected total dollar sales. 2. Compute the amount of expected total variable costs. Complete this question by entering your answers in the tabs below. Required 2 Required 2 Compute the amount of expected total variable costs. Required 1 Sales Fixed costs Income Variable costs < Required 1 Required 2 >
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