6 Part 1 of 4 Required Information SB Exercise 7-16 through Exercise 7-17 (Algo) [The following information applies to the questions displayed below.] 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: 8.33 points eBook Print Office Chicago Minneapolis $ 157,500 100% $ 315, eee 1eex 47,250 30x 189, eee 6ex 118,250 78% 126, eee 40x 81,900 52% 58,480 16% $ 28,350 18% $ 75,600 24% Total Company $ 472,50 188% 236, 25e Sex 236, 25e Sex 132,3ee 103,950 22% 66,15e 14% $ 37,880 8% Sales Variable expenses Contribution margin Traceable fixed expenses Office segnent margin Connon fixed expenses not traceable to offices Net operating income 28% Exercise 7-16 Part 1 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L07-4, LO7-5) Required: 1-a. Compute the companywide break-even point in dollar sales. 1-6. Compute the break-even point for the Chicago office and for the Minneapolis office. 10. Is the companywide break-even point greater than, less than or equal to the sum of the Chicago and Minneapolis breakeven points? Complete this question by entering your answers in the tabs below. Show less Red 1A Reg 13 Req 1C