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 Office Total Company Sales Chicago Minneapolis $ 468,000 100% $ 159,000 100 $ 309,000 1009 Variacle expenses 234,000 504 47 700 304 Contribution margin 185,400 601 Traceable fixed expenses 234,000 509 111, 302 705 123,600 404 131,040 28 82,680 525 49,440 161 Office segment margin 102,960 224 $ 28,620 185 $ 74,160 245 Common fixed expenses not traceable to offices 65,520 149 Net operating income $ 37,440 89 30 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 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? Show less A Req 1A Reg 1B Req 1C Compute the companywide break-even point in dollar sales. (Round "CM ratio" to 2 decimal places and final answer to the nearest whole number.) Break-even point in dollar sales HA Req 10 > Req 1A Reg 1B Req 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 office Minneapolis office Show less A Req 1A Reg 1B Reg 10 Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? O Greater than Less than Equal to 2. By how much would the company's net operating income increase if Minneapolis increased its sales by $78,000 per year? Assum no change in cost behavior patterns. Not operating income increase