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Exercise 18-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts tha
Posted: Sun Jul 03, 2022 1:14 pm
by answerhappygod
- Exercise 18 14 Predicting Sales And Variable Costs Using Contribution Margin Lo C2 Bloom Company Management Predicts Tha 1 (45.73 KiB) Viewed 11 times
- Exercise 18 14 Predicting Sales And Variable Costs Using Contribution Margin Lo C2 Bloom Company Management Predicts Tha 2 (41.39 KiB) Viewed 11 times
Exercise 18-14 Predicting sales and variable costs using contribution margin LO C2 Bloom
Company management predicts that it will incur fixed costs of $262,000 and earn pretax income of $387,600 in the next period. Its expected contribution margin ratio is 58%. 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 1 Required 2 Compute the amount of total dollar sales. Choose Numerator:: Dollar Sales Choose Denominator: Imaotreda 1 Total Dollar Sales Total dollar sales Required 2 >
Required 1 Required 2 Compute the amount of total variable costs. Sales Fixed costs Pretax income Variable costs < Required 1 Required 2