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just need the common fixed expense not tracable to segments amount Mature 4 Required information [The following information applies to the questions displayed below! Raner,
just need the common fixed expense not tracable to segments amount
Mature 4 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 Office Sale 565),000 1000 $ 151,500 1000 Vertex 226,500 SON Contribution margin 45.500 226,500 106.050 700 320,00 Tracebetixed expenses orice rent margin 99.660 $ 27.270 72,360 Comon trud expense not trace to 6,30 Slet operating income 36.240 GU 501 78.10 8. 220 14 3. Assume that sales in Chicago Increase by $50,500 next year and that sales in Minneapolis semain unchanged. Assume no change In fixed costs Prepare a new somented income statement for the comnan Round your intermediate calculation and sarcantou answers to & Proy 5 6 of 6 Next > our Intermediate calculations and percentage answers to should be entered as 12.3 and other answers to the nearest whole dollar Answer is complete but not entirely correct Segments Total Company Chicago Minneapolis Amount % Amount % Amount Sales $ 503,500 1000 $ 200.000 1000 501 500 1000 Variable expenses 241.500 480 60.600 300 180.900 Contribution margin 262000 520 161400 700 120.600 40.0 Traceable fred expenses 127.020 252 78780 28.0 4240 150 Otice segment margin 134.90 200 $ 62.620 310 $72.300 240 Common fed expenses not traceable to segment 63.4200 125 Net operating income 71.560 142 500 900 Step by Step Solution
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