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SB Exercise 7-16 through Exercise 7-17 (Static) [The following information applies to the questions displayed below] Raner, Harris and Chan is a consulting firm that

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SB Exercise 7-16 through Exercise 7-17 (Static) [The following information applies to the questions displayed below] Raner, Harris and 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: Exercise 7-16 Part 1 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO7-4, LO7-5] Required: 1.a. Compute the companywide break-even point in dollar sales. 1.b. Compute the break-even point for the Chicago offlce 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. Exercise 7-16 Part 1 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO7-4, LO7-5] 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 Compute the companywide break-even point in dollar sales. Exercise 7-16 Part 1 (Static) Working with a Segmented Income Statement; Break-Even Analysis [LO7-4, LO7-5] 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 Compute the break-even point for the Chicago office and for the Minneapolis office. (Round your final answers to the nearest, whole dollar amount.) -c. Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-eve points? Complete this question by entering your answers in the tabs below. Show less 4 Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? \begin{tabular}{l} Greater than \\ Less than \\ \hline Equal to \end{tabular}

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