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15 Part 3 of 4 Required information SB Exercise 6-16 through Exercise 6-17 (Algo) [The following information applies to the questions displayed below.) 1.19 points
15 Part 3 of 4 Required information SB Exercise 6-16 through Exercise 6-17 (Algo) [The following information applies to the questions displayed below.) 1.19 points Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two officesone 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: eBook Total Company $ 482,000 100% 239,400 50% 242,600 50% 136,880 28% 105,720 22% 67,480 14% $ 38,240 Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Corrmon fixed expenses not traceable to offices Net operating income Office Chicago Minneapolis $ 166,000 100% $ 316,000 100% 49,800 30% 189,600 60% 116,200 70% 126,400 40% 86,320 52% 50,560 16% 29,880 18% 75,840 24% Print References Exercise 6-16 Part 3 (Algo) Working with a Segmented Income Statement; Break-Even Analysis [LO6-4, LO65] 3. Assume that sales in Chicago increase by $58,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs a. Prepare a new segmented income statement for the company. (Round your intermediate calculations and percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Segments Total Company Chicago Minneapolis Amount Amount Amount 0.0 0.0 0 0.0 0 0.0 $ 0.0 $ 0 0.0 $ 0.0
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