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2 Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in

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2 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: Part 1 of3 Office Total Company Chicago Minneapolis Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income $975,000 100.0% $ 195,099 108% $788,888 1ee% 526,500 448,500 218,400 230, 188 23.6% $ 35,188 156,000 54.0% 46.0% 22.4% 58, 588 136,500 101,4083- 7e% 52% 18% 463, eee 312,eee 117,000 195,000 6e% 40 15% 25% oints S 16.0% 7.6% S 74,100 eBook Print 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-ev points? References Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Compute the companywide break-even point in doliar sales. (Round CM ratio" to 2 decimal places and final answers to the nearest whole dollar amount.) ak-even point in dollar sales

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