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Check my work Required information The following information applies to the questions displayed below) Raner, Harris & Chan is a consulting firm that specializes in
Check my work 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 Sales Variable expenses Contribution margin Traceable Tixed expenses orice segment margin Common fixed expenses not traceable to offices Not operating income Total Company 3 450,000 100 225,000 SO 225,000 150% 126,000 2 90,000 22 63,000 14 $ 30,000 OTION Chicago Hihnapoli $ 150,000 100 300,000 100 45,000 30 180,000 105,000 120,000 71.000 52 40.000 10 127.000 10 579,000 24% 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? 13 Complete this question by entering your answers in the tabs below. Show less Reg 1A ances Reg 10 Reg 10 Compute the companywide break-even point in dollar sales. (Round "CM ratio to 2 decimal blocos) vun point in dollars Required information Show less 13 Reg 1A Reg 18 Reg 10 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.) Break-even Point Chicago office Minneapolis office
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