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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 J costs. A contribution format segmented income statement for the company's most recent year is given: obs as variable office Total Company Chicago Minneapolis $450,000 100% $150,000 100% $300,000 100 Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices63,000 Net operating income 225,000 508 105,000 30% 126,00028 45,000 180,000 608 120,000 40% 50% 1 70% 78,000 528 99,000 229 $ 27,000 18% $72,000 24% 38-000 168 148 $ 36,000 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 A Req 1A Req 18 Req 1C Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places.)

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