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! Required Information [The following information applies to the questions displayed below.] Raner, Harris & Chan is a consulting firm that specializes in Information systems
! Required Information [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 $ 463,500 182.ee% 231,750 50.ee% 231,750 52.ee% 129,780 28.ee% 101,970 22.ee% 64,890 14.ee% $ 37,ese 8.ee% Office Chicago Minneapolis $ 154,500 100.00% $ 389, eee 182.ee% 46,350 30.00% 185,400 60.ee% 188,150 70.00% 123,6ee 40.ee% 80,340 52.68% 49,440 16.00% $ 27,810 18.88% $ 74,162 24.ee% 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 1B Reg 10 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 office Minneapolis office
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