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ces 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

ces 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 $ 463,500 Variable expenses 231,750 100.00% 50.00% $ 154,500 100.eex Contribution margin 231,750 50.00% Traceable fixed expenses 129,780 28.00% office segment margin. 101,970. 22.00% 46,350 108,150 80,340 $27,810 30.00% 70.00% 52.00% $309,000 185,400 123,600 49,440 100.00% 60.00% 40.00% 16.00% 18.00% $ 74,160 24.00% Common fixed expenses not traceable to offices 64,890 Net operating income $ 37,080 14.00% 8.00% 3. Assume that sales in Chicago increase by $51,500 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your intermediate calculations and percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Total Company Segments Amount Chicago Minneapolis % Amount % Amount %

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