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 Chicago Minneapolis Sales Variable expenses Contribution margin Traceable fixed expenses $712,500 100.0% 384,750 54.0% 327,75046.08 $ 142,500 42,750 ger/ 50 100% $570,000 308 228 000 408 100% % 342,000 60 99,750 74,100 70% 52% 18% 15% 25 159,600 22.4% 85,500 $142,500 Office segment margirn Common fixed expenses not traceable to offices Net operating income 168,150 23.6% $ 25,650 114,000 $ 54,150 16.0% 7.6%