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Required information [The following information applies to the questions displayed below.] Raner, Harris and Chan is a consulting firm that specializes in information systems
Required information [The following information applies to the questions displayed below.] Raner, Harris and 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 Office Total Company Chicago $450,000 100% $ 150,000 100% Minneapolis $ 300,000 100% 225,000 50% 45,000 30% 180,000 60% 225,000 50% 105,000 70% 120,000 40% 126,000 28% 78,000 52% 48,000 16% 99,000 22% $27,000 18% $ 72,000 24% 63,000 14% $ 36,000 8% Complete this question by entering your answers in th Req 1A Req 1B Req 1C Compute the companywide break-even point in dollar sales. Break-even point in dollar sales Rea 1A Req 1A Req 1B Req 1C Compute the break-even point for the Chicago office Note: Round your final answers to the nearest whole Break-even Point Chicago office Minneapolis office < Req 1A < Prev Complete this question by entering your answers in ti Req 1A Req 1B Req 1C Is the companywide break-even point greater than, less than, or points? Greater than Less than OEqual to < Req 1B
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