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thank you sm!! need all required, upvotes will come Raner, Harris and Chan is a consulting firm that specializes in information systems for medical and
thank you sm!! need all required, upvotes will come
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: Sales Variable expenses Contribution margin Traceable fixed expenses office segment margin Common fixed expenses not traceable to offices Net operating income 604 Total Company $ 513,000 100 256,500 50 256,500 50 143,640 28% 112,860 224 71,820 144 $ 41,040 BU Office Chicago Minneapolis $ 171,000 1004 $ 342,000 1004 51,300 301 205, 200 119,700 709 136,800 404 88,920 524 54,720 164 $ 30,780 184 $ 82,080 24% 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 Req 18 Reg 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 Complete this question by entering your answers in the tabs below. Show less A Req 1A Reg 1B Req 10 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 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 Step by Step Solution
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