Required Information

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Raner, Harrls and Chan Is a consulting firm that speclalizes 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 varlable

costs. A contribution format segmented Income statement for the company's most recent year Is glven:

Requlred:

$1-$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.

Compute the companywide break$-$even point in dollar sales. $($Round $"CM$ ratio" to $2$ decimal places and final answer to the

nearest whole number.$)$