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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 Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating income Total Company $450,000 100% 225.000 50% 225.000 50% 126,000 28% 99,000 22 Chicago $ 150,000 45,00 105,000 78,000 $ 27,000 Office Minneapolis 100% $ 300,000 lox 30% 180,000 60% 70% 120,000 40% 52% 48.000 16% 1.5 $ 72,000 24% 14% 63.000 5 36,000 Required: La Compute the companywide break-even point in dollar sales 1.6 Compute the break even point for the Chicago office and for the Minneapolis office 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 Sales Varlable expenses Contribution margin Teaceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating Income Total Company $ 450.000 100% 225.000 50% 225,000 50% 126,000 28% 99,000 22 Office Chicago Minneapolis $ 150,000 100% $ 300,000 100% 45,000 30% 180,000 60X 105,000 70% 120,00 403 78,000 52% 48,000 16% $ 27,000 18 $ 72,000 245 63,000 $36.000 14% 8% 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 13 Reg 10 Compute the companywide break-even point in dollar sales: (Round "CM ratio" to 2 decimal places.) Blon sont in dollar salos Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 10 Compute the break-even point for the Chicago office and for the Minneapolis office. final answers to the nearest whole dollar amount.) Break-even Point Chicago office Minneapolis office

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