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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

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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 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 $ 510,000 1005 255,000 50 255,000 508 142,800 281 112,200 224 71,400 140 $ 40,800 84 Office Chicago Minneapolis $ 180,000 100% $ 330,000 1000 54,000 300 198,000 608 126,000 708 132,000 403 93,600 520 52,800 16 $ 32,400 188 $ 79,200 248 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? Complete this question by entering your answers in the tabs below. Show less Reg 1A Reg 18 Reg 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 Complete this question by entering your answers in the tabs below. Reg 1A Req 1B Req 1C Compute the break-even point for the Chicago office and for the Minneapolis office. (Round "CM ra final answer to the nearest whole number.) Break-even Point Chicago office Minneapolis office Req 1A Req 18 Req 1C Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minnea points? Greater than Less than Equal to

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