Homework help(All three parts)

Required information Exercise 7-16 Working with a Segmented Income Statement; Break-Even Analysis (LO7-4. LO7-5] 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 fixed expenses Office serent margin Common fixed expenses not traceable to offices Net operating income Total Company $ 797,500 100.0% 425, 250 54.0% 362,25e 46.00 175,400 22.6% 189,85e 23.6% 126, cee 16.0% $59,95 7.6% Office Chicago Minneapolis $ 157,500 100% $630, e 100% 47,25e zex 378,000 60% 110,25e 78% 252,000 40% 81.900 94 see 15% $ 28,350 18% $ 157,500 529 Exercise 7-16 Part 1 Required: 1-a. Compute the companywide break-even point in dollar sales. 1-5. 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 the Chicago and Minneapolis break-even points? Complete this question by entering your answers in the tabs below. Reg 1A Req'18 Reg IC 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.) Break even point in dollar sales Reg 1B >