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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

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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 Total Company Chicago Minneapolis Sales $ 531,000 100.00% $ 177,000 100.00% $ 354.ee 100.ces Variable expenses 265,500 50.00% 53, 100 30.00% 212,400 60.00% Contribution margin 265,500 50.00% 123,900 70.00% 141,600 40.005 Traceable fixed expenses 148,680 28.00% 92,040 52.00% 56,640 16.00 Office segment margin 116,820 22.00% $ 31,860 18.00% $ 84,960 24.00% Common fixed expenses not traceable to offices 74,340 14.00% Net operating income $ 42,480 8.00% 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. Show less Reg 1A Reg 1B Reg 10 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 REDA Req 18>

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