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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 Sox 225.000 SOX 126,000 28% 99,000 22 63,000 14X $36.000 BX Office Chicago Minneapolis $ 150,00 100% $ 300,000 1eeX 45,000 30% 180,000 sex 105,000 70% 120,000 4ex 25,000 52% 40,000 16% $ 27,000 18% $ 72,000 24% Required: 1-a. Compute the companywide break-even point in dollar sales 1-5. 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 Joints? Complete this question by entering your answers in the tabs below. Show less Reg 1A Reg 16 Req 1C Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places.) Brak oven point in dollar sales SEX Show less A Req 1A Reg 1B "Req IC Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ratio' to 2 decimal places and final answers to the nearest whole dollar amount.) Break-even Point Chicago office Minneapolis office

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