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 Salon Variable expenses contribution margin Traceable fixed expenses Office segment margin Common fixed expenses not traceable to offices Net operating income Total Company $ 454,500 100.000 227.250 50.000 227.250 50.000 127,260 28.000 99.990 22.000 office Chicago Minneapolis $ 151,500 100.000 $ 303,000 100.000 45,450 30.000 181,800 60.000 106,050 70.000 121,200 40.000 78,780 52.000 48.480 16.000 $ 27,270 18.000 $ 72,720 24.000 63.630 $ 36,360 14.000 8.001 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 Reg 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 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 Het operating Income Total Company $ 454,500 100.000 222,250 50.000 227,250 50.000 127.260 28.000 99,990 22.000 office Chicago Rinneapolis $ 151,500 100.00 $ 303,000 100.000 45,450 30.004 181,800 60.000 106,050 70.000 121,200 40.000 79.780 52.000 40.400 16.000 $ 27,270 18.000 $ 72, 720 24.000 62.630 5 36,360 14.000 8.001 Required: 1-a. Compute the companywide break-even point in dollar sales 16 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 IA Reg 13 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 2 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: orice Total Company Chicago Minneapolis Sales 5.454,500 100.000 $ 151,500 100.000 $ 303,000 100.000 Variable expenses 227,250 50.000 45.450 30.000 181,800 50.000 Contribution margin 227,250 50.000 106,050 70.000 121,200 40.000 Traceable fixed expenses 127,260 28.000 70.780 52.001 48,480 16.000 orice segment margin 99.990 22.000 $ 27,270 16.000 $ 72,720 24.004 Common fixed expenses not traceable to offices 63.630 14.000 Net operating income $36,360 8.000 nes 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 Reg 1A Reg 16 Reg 1c 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 Equal to
