Part 3 af 3 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 Cosulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given points Total Company $ 562,508180. $ 112,500 Variable expenses Contribution margin Traceable Fixed expenses Office Serpent margin Common fixed expenses not traceable to offices Net operating income 132,75 90,000 23.6% 16.ex 101 3. Assume that sales in Chicago increase by $37.500 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 (.e. 0.1234 should be entered as 12.3).) Total Company Amount Chicago Amount Segments Minneapolis Amount 0 00 0 00 00 Sales Variable expenses Contribution margin Traceable Bed expenses Ofice segment margin Common faced expenses not traceable to segments Net operating income 0 0.0 5 0 00 0 00 15 0 00 Required Information [The following information applies to the questions displayed below.) Part 3 of 3 20 points 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: $ eBook Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income Total Company 562,500 100.0% 303,750 54.0% 258,750 46.0% 126,000 22.4% 132,750 23.6% 90,000 16.0% 42,750 7.6% Chicago 112,509 100% 33,750 30% 78,750 70% 58,500 20,25% 18% Minneapolis $ 450,000 189% 270.000 6035 180,000 422 67 500 $ 112,509 25% 52% 15% $ Print References 3. Assume that sales in Chicago increase by $37,500 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented Income statement for the company. (Round your percentage answers to 1 decimal place (l.e. 0.1234 should be entered as 12.3).) Total Company Amount Chicago Amount Segments Minneapolis Amount 0.0 Sales Variable expenses Contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to segments Net operating income 0.0 0,01$
