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[ The following information applies to the questions displayed below. ] Raner, Harris and Chan is a consulting firm specializing in information systems for medical

[The following information applies to the questions displayed below.] Raner, Harris and Chan is a consulting firm specializing in information systems for medical and dental clinics. The firm has two offices - one in Chicago and one in Minneapolis. It 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 below: Total Company Office Chicago Minneapolis Sales S490,500100.00%$163,500100.00% $ 327,000100.00% Variable expenses 245,25050.00%49,05030.00%196,20060.00% Contribution margin 245,25050.00%114,45070.00%130,80040.00% Traceable fixed expenses 137,34028.00%85,02052.00%52,32016.00% Office segmont margin 107,91022.00% $ 29,43018.00% $ 78,48024.00% Common fixed expenses not traceablo to officos 68,67014.00% Not operating income S 39,2408.00%3. Assume sales in Chicago increaso by $54,500 next year and sales in Minneapolis and all fixed costs remain unchangod. a. Prepare a new segmented income statement for tho company. Noto: Round your intermediate calculations and percentage answors to 1 decimal place (1.e.0.1234 should be ontered as 12.3 and other answers to the nearest whole dollar.)
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