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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 $ 490,500 100.000 245, 250 50.000 245,250 50.000 132, 340 28.000 107, 910 22.000 Office Chicago Minneapolis $ 163,500 100.000 9 327,000 100.000 49,050 30.000 196,200 60.000 114,450 70.000 130,000 40.000 B5,020 52.00 52,320 16.000 $ 29,430 18.00 $ 78,480 24.00 68,670 $ 39,240 14.000 8.00 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? points? Complete this question by entering your answers in the tabs below. Show less A Req 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-oven point in dollar sales Reg 1A Reg 1B > Complete this question by entering your answers in the tabs below. Show less Reg 1A Reg 18 Reg 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 Complete this question by entering your answers in the tabs below. Show less Req 1A Reg 1B Req 10 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 OLess than Equal to

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