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[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

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[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: 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 f-c. Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? 2. By hiow much would the company's net operating income increase: if Minneapois increased its sales by $88,500 pet year? Assume no change in cost behavior pitterns 3. Assume that sales in Chicago increase by $59,000 next year and that sales in Minneapolis remain unchanged Assume no change in fixed costs. a. Prepare a new segmented income statement for the company. (Round your intermediate calculations ond percentage onswers to 1 decimal ploce (i.e. 0.1234 should be entered as 12.3 and other answers to the neorest whole dollar.))

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