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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
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 Minneapolls. The firm classifies the direct costs of consulting Jobs as varlable costs. A contribution format segmented Income statement for the company's most recent year is glven: Total Company Sales Variable expenses Contribution nargin Traceable fixed expenses Office segnent margin Conmon fixed expenses not traceable to offices Net operating incone $ 787,500 425, 258 362, 258 176,488 185 , 8se 126 , eee 59,850 100.ex 54 , e% 46 , e% 22.4% 23.6% 16.0% 7.6% 157,500 1ee0& $.638 , eee 1ee% 110.250 70% 3 B: eee e 94 15 81,988 $ 28,35 $157,500 25% Required 1-a. Compute the companywide break-even polnt In dollar sales. 1-b. Compute the break-even point for the Chicago office and for the Minneapolls office. polnts? 1-C. Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolls break-even
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