Raner, Harris, & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two officesone 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 companys most recent year is given below:

					Office
	Total Company				Chicago				Minneapolis
Sales	$	975,000	100.0	%	$	195,000	100	%	$	780,000	100	%
Variable expenses		526,500	54.0	%		58,500	30	%		468,000	60	%
Contribution margin		448,500	46.0	%		136,500	70	%		312,000	40	%
Traceable fixed expenses		218,400	22.4	%		101,400	52	%		117,000	15	%
Office segment margin		230,100	23.6	%	$	35,100	18	%	$	195,000	25	%
Common fixed expenses not traceable to offices		156,000	16.0	%
Net operating income	$	74,100	7.6	%

3.

value: 1.00 points

Required information

Required:

1-a.	Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole dollar amount.)

1-b.	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.)