1-a. Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole dollar amount.) The following information applies to the questions displayed below.) Break-even point in dollar sales $ 777,600 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 below. Office Total Company Chicago Minneapolis Sales $ 1.012,500 100.0% $ 202,500 100% $ 810,000 100% Variable expenses 546.750 54.0% 60,750 30% 486,000 60% % 1-b. Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ratio" to 2 decimal places and final answers to the nearest whole dollar amount.) Contribution margin Traceable fixed expenses 465.750 226.800 46.0% 22.4% 141,750 105,300 70% 52% 324,000 121,500 40% 15% Chicago office Minneapolis office Break-even Point $ 150,429 $ 303,750 ...... Office segment margin 238,950 23.6% $ 36,450 18% $ 202,500 25% Common fixed expenses not traceable to offices 162,000 16.0% Net operating Income $ 76.950 7.6% 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? O Greater than O Less than Equal to