17 [The following information applies to the questions displayed below.) .55 oints Raner, Harris and 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: Office Total Company Chicago Minneapolis Sales $ 495,000 eBook Variable expenses 247,500 100.00% 50.00% $ 165,000 49,500 100.00% 30.00% $ 330,000 198,000 100.00% 60.00% Contribution margin 247,500 50.00% 115,500 70.00% 132,000 40.00% Ask Traceable fixed expenses 138,600 28.00% 85,800 52.00% 52,800 16.00% Office segment margin 108,900 22.00% $ 29,700 18.00% $ 79,200 24.00% Print References Common fixed expenses not traceable to offices 69,300 Net operating income $ 39,600 14.00% 8.00% 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? Complete this question by entering your answers in the tabs below. Show less