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options: Administrative expenses Advertising Beginning merchandise inventory Commissions Common fixed expenses not traceable to segments Cost of goods sold Depreciation Direct labor Direct materials Ending

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options: Administrative expenses Advertising Beginning merchandise inventory Commissions Common fixed expenses not traceable to segments Cost of goods sold Depreciation Direct labor Direct materials Ending merchandise inventory Fixed manufacturing overhead Indirect labor Indirect materials Purchases Sales Traceable fixed expenses Variable expenses Variable manufacturing overhead
Help ! Required information [The following information applies to the questions displayed below.) 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: Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income Total Company $ 513,000 100% 256,500 50% 256,500 589 143,640 284 112,860 224 71,820 145 $ 41,040 8 Office Chicago Minneapolis $ 171,000 1089 $ 342,000 1009 51,300 304 205, 200 60% 119,700 704 136,800 489 88,920 524 54,720 164 $ 30,780 184 $ 82,080 24% 3. Assume that sales in Chicago Increase by $57,000 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 intermediate calculations and percentage answers to 1 decimal place (i.e. 01234 should be entered as 12.3 and other answers to the nearest whole dollar.)) Total Company Amount % Chicago Amount Segments Minneapolis Amount % % Saved HE LUULE ya Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating income BB,920 524 $ 30,780 185 VU 54, 720 $ 82,080 164 249 143,640 112,860 71,820 $ 41,840 284 225 145 84 3. Assume that sales in Chicago increase by $57.000 next year and that sales in Minneapolis remain unchanged. Assume no change fixed costs. a. Prepare a new segmented income statement for the company. (Round your intermediate calculations and percentage answers to 1 decimal place (.e. 0.1234 should be entered as 12.3 and other answers to the nearest whole dollar)) Total Company Amount Chicago Amount Segments Minneapolis Amount 0 00 0 00 0 0.0 0 00 $ 0 0.05 0 0.0 $ 0 0.0

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