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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 for
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 expens Contribution margin Traceable fixed expenses Office seguent margin Common fixed expenses not traceable to offices Het operating con Total Company $ 937.500 100.0 505. 250 54.0 431.250 210.000 221.250 150.000 16.0 71.250 7.686 $ 187,500 56,250 131,250 97,500 $ 33, 750 Office Minneapolis 100% $ 750.000 100 30 450.000 BOX TON 300,000 40% 526 112.500 15 16. $ 187,500 25% Required: -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. Red 1A Reg 1B Reg 10 Compute the companywide break-even point in dollar sales. (Round "CM ratio to 2 decimal places and final answers to the nearest whole dollar amount.) Break-even point in dollar sales 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 answers to the nearest whole dollar amount.) Break even Point Chicago office Minneapolis office 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. Req1A Reg 18 Reg 10 Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-aven points? Greater than Less than OEqual to
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