! Required information SB Exercise 6-16 through Exercise 6-17 (Algo) {The following information applies to the questions displayed below) 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 Minneapoli Sale 454,000 1000 $ 152,000 1001 302,000 Variable expenses 226,800 501 45,600 301 181,200 601 Contribution margin 227,200 106,400 120,000 401 Traceable fixed expenses 122.360 200 29,040 48 320 office segment margin 99,840 $ 27.360 188 5 72.480 Common fixed expenses not traceable to offices Net operating income $36,280 1001 SOR 700 166 220 88 Exercise 6-16 Part 1 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L06-4, LO6-5) Required: 1-a. 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. kc. 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 Red 1A Reg 16 Reg 1C Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and Pinat answer to the neprest whole number) Biak-n dollar sales Reyte) Required information SB Exercise 6-16 through Exercise 6-17 (Algo) [The following information applies to the questions displayed below) 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 $ 454,000 100 226,800 500 227,200 SON 127.260 280 99,840 220 63.560 146 $36,280 80 Office Chicago Minneapolis 5 152,000 1008 $ 302,000 1008 45,600 JON 181,200 106,400 700 120.800 400 79,040 520 40320 168 $ 27,360 $ 72,480 Exercise 6-16 Part 1 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L06-4, LO6-5) 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 ke. 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 16 Reg 1C Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ratio to 2 decimal places and final answer to the nearest whole number.) Break even Point Chicago ottice Minneapolis office SB Exercise 6-16 through Exercise 6-17 (Algo) [The following information applies to the questions displayed below.) 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 classifles 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 Not operating income Total Company $ 454,000 1001 226.800 500 227,200 500 127.360 280 99,840 228 63,560 140 $36,280 80 Office Chicago Minneapolis $ 152,000 1005 $ 302,000 1005 45,600 309 181,200 106,400 705 120,800 79,040 520 43.320 $ 27,360 188 $ 72,480 241 Exercise 6-16 Part 1 (Algo) Working with a Segmented Income Statement; Break-Even Analysis (L06-4 LO6-5) Required: 1-a. 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. 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 1C Is the companywide break-even point greater than, less than or equal to the sum of the Chicago and Minneapolis break- even points? Greater than Less than Equal to
