2 Part 1 of 3 Required information [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: 4 points eBook Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Not operating income Total Company $ 712,500 100.00 304,250 54.09 327.750 46.00 159,600 22.40 168,150 23.68 16.00 $ 54,150 7.60 office Chicago Minneapolis $ 142,500 1000 $570,000 1000 42,750 309 342.000 608 99,750 700 228.000 400 74.100 52 85,500 150 $ 25.650 100 142.500 Print References 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. Req 1A Reg 1B Reg IC Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answers to the nearest whole dollar amount.) Me expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating income 384, 750 327,750 159, 600 168,150 114,000 $ 54,150 54.00 46.00 22.48 23.68 16.08 7.6% 192,DU 42,750 99,750 74,100 $ 25,650 LUUS 308 708 528 184 DIU, VUU 342,000 228,000 85,500 $ 142,500 LUUN 603 408 158 258 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. cos Req 1A Reg 1B Req 1C Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answers to the nearest whole dollar amount.) Break-even point in dollar sales Reg 18 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 Minneapoli points? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 1c Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ratio" to 2 decimal places a final answers to the nearest whole dollar amount.) Break-even Point Chicago office Minneapolis office