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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 $ 471,000 1000 239,000 504 232,000 ses 128,800 289 103,200 224 66,500 145 $ 36,700 84 Office Chicago Minneapolis $ 160,500 1005 $ 310,500 15 52.000 384 186,300 604 108,500 709 124,200 404 79,400 524 49,680 164 $ 29, 100 184 $ 74,520 249 ces Required: 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. Show less A Reg 1A Reg 18 Reg 10 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. Show less A Reg 1A Peq 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 answer to the nearest whole number.) Break-even Point Chicago office Minneapolis office Reg 10 Complete this question by entering your answers in the tabs below. Show less A Reg 1A Reg 18 Req1C Is the companywide break-even point greater than, less than or equal to the sum of the Chicago and Minneapolis break-even points? Greater than Less than OEqual to

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