me Uurwy HHU HOUSTOM WE YESUS Meyer very 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 segment margin Common fixed expenses not traceable to offices Net operating income Total Company $1,012,500 100.00 546,750 54.08 465,750 46.00 226,800 22.44 238,950 23.66 162,000 16.00 $ 76,950 7.68 office Chicago Minneapolis $ 202,500 1001 $ 810,000 1000 60,750 303 486,000 141,750 700 324,000 400 105,300 121,500 156 $ 36,450 188 $ 202,500 25 $20 Exercise 4-16 (Algo) Part 3 3. Assume that sales in Chicago increase by $67,500 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place le. 0.1234 should be entered as 12.3).) Segments Total Company Minneapolis Chicago Amount % Amount Amount 0 00 0.0 0 0 0.0 SE Next