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Compute the companywide break-even point in dollar sales. (Round CM ratio to 2 decimal places and final answer to the nearest whole dollar amount.) Required
Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole dollar amount.)
Required information The folovwing invomation aopies to the questions disalayed belo Raner, Harrig & Chan is a consulting firm that specaizes in infomation cystema tor medical and dental clinics. The firm ha: wo offices-one in Chicago and one in Minnespols. The fim clazsities the direct cots of consuiting joba as vanable costs. A contribution formet segmented ineome sietement for the company's most recent year is givent office Total Corpany Chicago Sales Variable expences Contribution nargin Traceable fixed expenses office gnent margin Conmon fixed expenses not traceable to $1,022, see 100.0% $282 ,see 6e,75@ lees 38% %810,800 486 08 180% 60% 546175 54.8% 465,750 46.0% 141,754 70% 324,000 40% 226,800 22.4% les.3ee 52% 121,sea 15% 238,950 23.6% 36,458 18% 202,500 25% 162,000 16.0% Net opersting income 76,959 7.6%Step by Step Solution
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