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HW 6 i 5 ! Required information Part 1 of 3 [The following information applies to the questions displayed below.] 1.5 points Saved Raner, Harris
HW 6 i 5 ! Required information Part 1 of 3 [The following information applies to the questions displayed below.] 1.5 points Saved 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: Skipped Office Total Company Chicago Minneapolis Sales $ 463,500 Variable expenses 231,750 100.00% 50.00% $ 154,500 100.00% $ 309,000 100.00% 46,350 30.00% 185,400 60.00% Contribution margin 231,750 50.00% 108,150 70.00% 123,600 40.00% Traceable fixed expenses 129,780 28.00% 80,340 52.00% 49,440 16.00% eBook Office segment margin 101,970 22.00% $ 27,810 18.00% $ 74,160 24.00% Common fixed expenses not traceable to offices 64,890 Print Net operating income $ 37,080 14.00% 8.00% References 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? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Show less Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole number.) Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Show less Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole number.) Break-even point in dollar sales Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Show less Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole number.) Chicago office Minneapolis office Break-even Point Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Show less Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? Greater than Less than Equal to
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