HW 6 5 Required information (The following information applies to the questions displayed below Part 1 of 3 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 15 points office Minneapolis 100t 6e% 4e% Chicago $ 225,000 67,500 157.500 117,000 Total Company $1,125,000 607,500 $ 900,000 Sales Variable expenses Contribution margin Traceable fixed expenses 100.0 100% 3e% 7e% s23 54.0% 540,e00 360,000 135,000 s 225,000 eBook 517,500 46.0% 252,000 22.4% 15% office segnent margin Common fixed expenses not traceable to offices Net operatinE income 265,500 23.6% 40,500 18% 25% Print 180,000 16.es 7.6x 85,500 References Required: 1-a. Compute the companywide break-even point in dolar 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