13 Required information Part 1 of 4 SB Exercise 6-16 through Exercise 6-17 (Algo) The following information applies to the questions displayed below.) Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given 1.19 points Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income Office Total Company Chicago Minneapolis $ 482,800 100 $ 166,203 100 $ 316,000 100% 239,400 50% 49,800 30% 189,600 60% 242,620 5076 116,200 70% 126,400 406 136,880 28% 86,320 52% 50,560 16% 185,720 22% $ 29,880 16% $ 75,840 24% 67,480 14% $ 38,240 rev: 06_09_2020_QC_CS-215744, 09_15_2020_QC_CS-220558, 11_04_2020_QC_CS-238526 Exercise 6-16 Part 1 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L06-4, LO65] Required: 1-a. Compute the companywide break-even point in dollar sales 1-b. Compute the break-even point for the Chicago office and for the Minneapolis office. 1-c. Is the companywide break-even point greater than, less than or equal to the sum of the Chicago and Minneapolis break-even points? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Show less Reg 1A Reg 1B Req 1C Compute the company wide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole number) Break-even point in dollar sales 5 378,000